Insuring Against Losses from Transgenic Contamination: The Case of Pharmaceutical Maize
开发了一个保险定价模型，将食品供应污染风险转化为成本收益分析，通过估算玉米花粉扩散并验证，计算公平保费以覆盖可能受污染田地的销毁成本，适用于其他作物和地区。
Abstract Concerns about the risk of food supply contamination have limited the development and commercialization of certain pharmaceutical plants. This article develops an insurance pricing model that helps translate these concerns into a cost‐benefit analysis. The model first estimates the physical dispersal of maize pollen subject to a number of weather parameters. This distribution is then validated with the limited amount of currently available field trial data. The physical distribution is then used to calculate the premium for a fair‐valued insurance policy that would fund the destruction of possibly contaminated fields. The flexible framework can be readily adapted to other crops, management practices, and regions.