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Optimisation methods for assisting policy decisions on endemic diseases AgEcon
Stott, Alistair W..
Endemic disease of animals is an economic problem as it deprives humans of scarce resources that might otherwise satisfy human wants. Optimisation methods identify the strategies that minimise this economic problem. Given the potentially vast extent of the deprivation, not only in terms of lost wealth but also in terms of animal welfare, human health and environmental damage, this subject offers great benefits to decision-makers from the individual farm to the global level. This paper uses examples to illustrate the basic economic principles concerned. It shows how these principles may be extended to deal with current limitations in theory and practice. Lack of data is a common problem that may be dealt with by using computer simulation, theoretical...
Tipo: Working or Discussion Paper Palavras-chave: Economics; Decision analysis; Optimisation; Modelling; Endemic disease; Knowledge transfer; Health Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/46000
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Coordinating to Eradicate Animal Disease, and the Role of Insurance Markets AgEcon
Hennessy, David A..
Farmed animal production has traditionally been a dispersed sector. Biosecurity actions relevant to eradicating infectious diseases are generally non-contractible, and might involve inordinately high transactions costs if they were contractible. If an endemic disease is to be eradicated within a region, synchronized actions need to be taken to reduce incidence below a critical mass so that spread can be contained. Using a global game model of coordination under public and private information concerning the critical mass required, this paper characterizes the success probability in an eradication campaign. As is standard in global games, heterogeneity in private signals can support a unique equilibrium. Partly because of strategic interactions, concentrated...
Tipo: Working or Discussion Paper Palavras-chave: Biosecurity; Coordination failure; Disease insurance; Endemic disease; Global games; Market access; Public information; Veterinary public health; Livestock Production/Industries; D8; H4; Q1.
Ano: 2007 URL: http://purl.umn.edu/7702
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