| Autor: |
Olmstead, Alan L., Rhode, Paul W. |
| Předmět: |
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| Zdroj: |
Journal of Economic History; Sep2004, Vol. 64 Issue 3, p734-772, 39p |
| Abstrakt: |
In 1917,. after scientific breakthroughs allowed for the early detection of bovine tuberculosis, the USDA began a campaign to eradicate the disease. Agents inspected nearly every cattle farm in the country and condemned roughly 4 million reactors to slaughter without full compensation. This article analyzes how the eradication program functioned, how incentives were aligned to ensure wide- spread participation without excessive moral hazard problems, and why the United States led most European nations in controlling the disease. The U.S. campaign was a spectacular success, reducing human suffering and death and yielding benefits in the farm sector alone that exceeded ten times the cost. [ABSTRACT FROM AUTHOR] |
| Databáze: |
Complementary Index |
| Externí odkaz: |
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