Data/hora: 02/06/2024 00:49:15

Provedor de dados: | Research in Agricultural & Applied Economics (AgEcon Searh)
País: | United States
Título: | Some Simulation Results for a Green Insurance Mechanism
Autores: | Baerenklau,   Kenneth A.
Data: | 2006-10-06
Ano: | 2005
Palavras-chave: | Conservation technology adoption; Dairy farming; Endogenous learning; Green insurance; Phosphorus; Risk preferences; Voluntary programs; Environmental Economics and Policy.
Resumo: | This analysis extends previous work on green insurance by proposing a mechanism that offers a stronger adoption incentive and is applicable to heterogeneous populations and non-binary adoption decisions. Endogenous learning about the new technology is incorporated, and empirically calibrated simulation results are presented for the case of reduced-phosphorus dairy diets. Results show that the mechanism has a significant impact on behavior and may incur no net cost for the regulator when an insurance premium is charged. Conditions under which a green payment mechanism may be preferable to green insurance also are discussed.
Tipo: | Journal Article
Idioma: | Inglês

Identificador:

23880

http://purl.umn.edu/30787

Editor: | AgEcon Search
Relação: | Journal of Agricultural and Resource Economics&gt;Volume 30, Number 01, April 2005

Formato:

15

application/pdf