AN ANALYTICAL FRAMEWORK FOR DISCUSSING FARM BUSINESS INTERRUPTION INSURANCE FOR CLASSICAL SWINE FEVER

Abstract

This paper studies farm business interruption insurance for Classical Swine Fever epidemics. Insight into the size of risk is obtained by a very detailed Monte-Carlo simulation model that includes both epidemiological and economic factors. The paper also considers issues such as farmers' and governments' influence on the size of risk.Livestock Production/Industries, Risk and Uncertainty,