Tisdell, Clem; Ramsay, Gavin - School of Economics, University of Queensland - 1995
. Consequences of uncertainty for economic decisions about vaccination are considered. The minimax gain criterion, minimax regret … criterion and expected gain criterion are applied to vaccination choices under uncertainty. Other things equal, risk-aversion or … uncertainty avoidance increases the likelihood of farmers vaccinating their animals. Attention is brought to the need for research …