Will an incentive-compatible indemnity policy please stand up? Livestock producer willingness to self-protect.

This study evaluates the role of private market signals and conditional indemnity policies in livestock producer willingness to self-protect against disease and invest more in biosecurity. Our focus on Tier 1 swine diseases and U.S. hog producer decision-making is timely and informative for a multitude of current disease discussions. We find biosecurity effort adjusts to economic incentives in private, livestock markets and public, indemnity policies.