Animal Health Economics: Principles and Applications

This text has been designed as a guide to the field of animal health economics and its underlying methodology. Supplied with this book is a diskette, containing practical exercises (in computer spreedsheets) on the various methods and techniques in animal health economics, including production function analysis, partial budgeting, cost-benefit analysis, decision-tree analysis, Markov chain and Monte Carlo simulation, linear programming and dynamic programming. The contributions in the book are grouped into five parts: framework and basic methods of economic analysis; advanced methods of economic analysis; risky choice in animal health management; decision support in animal health management; and use of spreadsheets in animal health economics.