Animal Disease Pre-Event Preparedness versus Post-Event Response: When is it Economic to Protect?

We examine the economic tradeoff between the costs of pre-event preparedness and post-event response to the potential introduction of an infectious animal disease. In a simplified case study setting, we examine the conditions for optimality of an enhanced pre-event detection system considering various characteristics of a potential infectious cattle disease outbreak, costs of postevent response actions. We show that the decision to invest in pre-event preparedness activities depends on such factors as probability of disease introduction, disease spread rate, relative costs, ancillary benefits, and effectiveness of mitigation strategies.


Issue Date:
2006-08
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/43768
Published in:
Journal of Agricultural and Applied Economics, Volume 38, Number 2
Page range:
327-336
Total Pages:
10
JEL Codes:
Q1; Q18; D81




 Record created 2017-04-01, last modified 2017-08-25

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