Some Simulation Results for a Green Insurance Mechanism

dc.creatorBaerenklau, Kenneth A.
dc.date2017-04-01T20:06:04Z
dc.date.accessioned2026-07-09T04:10:37Z
dc.descriptionThis 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.
dc.identifierdoi:10.22004/ag.econ.30787
dc.identifierhttps://ageconsearch.umn.edu/record/30787/files/30010094.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/30787
dc.identifier.urihttp://hdl.handle.net/123456789/545956
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/30787
dc.titleSome Simulation Results for a Green Insurance Mechanism
dc.typeText

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