Data/hora: 02/06/2024 11:23:34

Provedor de dados: | 31
País: | United States
Título: | Willingness to Pay for a Potential Insurance Policy: Case Study of Trout Aquaculture
Autores: | Shaik,   Saleem; Coble,   Keith H.; Hudson,   Darren; Miller,   James C.; Hanson,   Terrill R.; Sempier,   Stephen H.
Data: | 2008-11-11
Ano: | 2008
Palavras-chave: | Willingness to pay; Subjective elicitation and survey data; Aquaculture trout insurance; Livestock Production/Industries; Risk and Uncertainty.
Resumo: | Using trout producer survey data and the contingent valuation method, we estimate willing-ness to pay for a potential insurance policy. The survey was conducted in 2005 across the United States; 268 producers completed the survey instrument, resulting in a response rate of 81 percent. Design of the contingent valuation method takes into account two coverage levels and four premium rates. Using standard willingness-to-pay techniques, we assess the premium rate that producers with varying practices and regions are willing to pay for two different cov-erage levels of insurance. In general, trout producers appear willing to pay premium rates of 2 to 11 percent for these coverage levels.
Tipo: | Journal Article
Idioma: | Inglês
Identificador: | http://purl.umn.edu/44737
Relação: | Agricultural and Resource Economics Review&gt;Volume 37, Number 1, April 2008
Formato: | 10