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Promoting Farm Safety With Economic And Managerial Incentives

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  • Park, Timothy A.
  • Hartley, Judy

Abstract

The ex ante marginal values of management strategies for farm producers facing significant exposures to accident risks is assessed. A probit model describing the factors influencing the probability of a farm accident is estimated jointly with an ordered probit model for the severity of the accident.

Suggested Citation

  • Park, Timothy A. & Hartley, Judy, 1998. "Promoting Farm Safety With Economic And Managerial Incentives," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20929, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea98:20929
    DOI: 10.22004/ag.econ.20929
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    References listed on IDEAS

    as
    1. Freeman, A Myrick, III, 1991. "Indirect Methods for Valuing Changes in Environmental Risks with Nonexpected Utility Preferences," Journal of Risk and Uncertainty, Springer, vol. 4(2), pages 153-165, April.
    2. Ehrlich, Isaac & Becker, Gary S, 1972. "Market Insurance, Self-Insurance, and Self-Protection," Journal of Political Economy, University of Chicago Press, vol. 80(4), pages 623-648, July-Aug..
    3. Estrella, Arturo, 1998. "A New Measure of Fit for Equations with Dichotomous Dependent Variables," Journal of Business & Economic Statistics, American Statistical Association, vol. 16(2), pages 198-205, April.
    Full references (including those not matched with items on IDEAS)

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    Keywords

    Farm Management;

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