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Provedor de dados:  AgEcon
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>Volume 30, Number 01, April 2005
Formato:  15

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