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AN ECONOMIC ANALYSIS OF THE BSE SCARE
Author(s) -
Dnes Antony W.
Publication year - 1996
Publication title -
scottish journal of political economy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.4
H-Index - 46
eISSN - 1467-9485
pISSN - 0036-9292
DOI - 10.1111/j.1467-9485.1996.tb00850.x
Subject(s) - bovine spongiform encephalopathy , outbreak , herd , balance (ability) , economic cost , economic risk , economic analysis , economics , disease , business , prion protein , veterinary medicine , actuarial science , virology , medicine , microeconomics , agricultural economics , pathology , physical medicine and rehabilitation
A bstract The economic aspects of the outbreak of Bovine Spongiform Encephalopathy (BSE) in British cattle herds are investigated. On balance, a non‐interventionist approach is most likely to be the least‐cost method of dealing with the BSE problem, where costs include the risks of humans contracting Creutzfeldt‐Jakob Disease (CJD). There is no case for compensating farmers for the historic cost of building up infected herds.