In this paper, two AI mitigation strategies are examined, quarantine and vaccination. Meanwhile, associated welfare changes are evaluated by using FASOM. Results found that changes of total national welfare of U.S are insignificant with or without vaccination. Once comes to livestock producers,...

Consumers’ consumption patterns could be affected by food safety information, however, it is more important to consider where the food safety issue occurs. If the food safety issue happens in other countries, in other words, it outbreaks out of the target market, negative information may be...

All agricultural sector models must deal with aggregation and calibration somehow. The aggregation problem involves treating a group of producers as if they all responded in the same way as a single representative unit. The calibration problem concerns making a model reproduce as closely as...