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An Analytical Framework For Discussing Farm Business Interruption Insurance For Classical Swine Fever

Author

Listed:
  • Meuwissen, Miranda P.M.
  • Skees, Jerry R.
  • Black, J. Roy
  • Huirne, Ruud B.M.
  • Dijkhuizen, Aalt A.

Abstract

This paper studies farm business interruption insurance for Classical Swine Fever epidemics. Insight into the size of risk is obtained by a very detailed Monte-Carlo simulation model that includes both epidemiological and economic factors. The paper also considers issues such as farmers' and governments' influence on the size of risk.

Suggested Citation

  • Meuwissen, Miranda P.M. & Skees, Jerry R. & Black, J. Roy & Huirne, Ruud B.M. & Dijkhuizen, Aalt A., 2000. "An Analytical Framework For Discussing Farm Business Interruption Insurance For Classical Swine Fever," 2000 Annual meeting, July 30-August 2, Tampa, FL 21738, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea00:21738
    DOI: 10.22004/ag.econ.21738
    as

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    File URL: https://ageconsearch.umn.edu/record/21738/files/sp00me02.pdf
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    References listed on IDEAS

    as
    1. Hogarth, Robin M & Kunreuther, Howard, 1989. "Risk, Ambiguity, and Insurance," Journal of Risk and Uncertainty, Springer, vol. 2(1), pages 5-35, April.
    2. Kunreuther, Howard, 1996. "Mitigating Disaster Losses through Insurance," Journal of Risk and Uncertainty, Springer, vol. 12(2-3), pages 171-187, May.
    3. Meuwissen, Miranda P.M. & Huirne, Ruud B.M. & Hardaker, J. Brian, 1999. "Perceptions Of Risks And Risk Management Strategies; An Analysis Of Dutch Livestock Farmers," 1999 Annual meeting, August 8-11, Nashville, TN 21507, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Mario J. Miranda & Joseph W. Glauber, 1997. "Systemic Risk, Reinsurance, and the Failure of Crop Insurance Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(1), pages 206-215.
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    Cited by:

    1. Krämer, J. & Farwick, J., 2009. "Schäden in der Landwirtschaft durch Maul- und Klauenseuche: Simulationsrechnungen für ausgewählte Modellregionen," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 44, March.
    2. Wolf, Christopher A., 2005. "Producer Livestock Disease Management Incentives and Decisions," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 8(01), pages 1-16.
    3. Ghahremanzadeh, Mohammad & Mohammadrezaei, Rassul & Dashti, Ghader & Ainollahi, Moharram, 2018. "Designing a whole-farm revenue insurance for agricultural crops in Zanjan province of Iran," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, vol. 17(02), January.

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