A model of producer incentives for livestock disease management

Ram Ranjan*, Ruben N. Lubowski

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

7 Citations (Scopus)

Abstract

We examine the management of livestock diseases from the producers' perspective, incorporating information and incentive asymmetries between producers and regulators. Using a stochastic dynamic model, we examine responses to different policy options including indemnity payments, subsidies to report at-risk animals, monitoring, and regulatory approaches to decreasing infection risks when perverse incentives and multiple policies interact. This conceptual analysis illustrates the importance of designing efficient combinations of regulatory and incentive-based policies.

Original languageEnglish
Pages (from-to)315-325
Number of pages11
JournalStochastic Environmental Research and Risk Assessment
Volume19
Issue number5
DOIs
Publication statusPublished - Nov 2005
Externally publishedYes

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