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Animal Disease Pre-Event Preparedness versus Post-Event Response: When Is It Economic to Protect?

Published online by Cambridge University Press:  09 September 2016

Levan Elbakidze
Affiliation:
Department of Agricultural Economics, Texas A&M University
Bruce A. McCarl
Affiliation:
Department of Agricultural Economics, Texas A&M University

Abstract

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 program implementation, severity of the disease outbreak, and relative effectiveness 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.

Type
Invited Paper Sessions
Copyright
Copyright © Southern Agricultural Economics Association 2006

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