Some Simulation Results for a Green Insurance Mechanism

Some Simulation Results for a Green Insurance Mechanism

Blog Article

This analysis extends previous work on green insurance by proposing a mechanism that offers a stronger adoption incentive and is Sunburn Relief 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 Posters is charged.Conditions under which a green payment mechanism may be preferable to green insurance also are discussed.