Jurnal Hexagro
Vol. 5 No. 1 (2021)

PERCEPTION AND PREFERENCES OF GOAT BREEDERS TOWARD LIVESTOCK INSURANCE

Wahyu Dyah Prastiwi (Universitas Diponegoro)
Miggie Handayani (Universitas Diponegoro)
Kustopo Budiraharjo (Universitas Diponegoro)
Hery Setiyawan (Universitas Diponegoro)

Article Info

Publish Date
05 May 2021

Abstract

The paper explores goat breeders’ perception and preferences toward livestock insurance. The respondents of the study were goat breeders in Manunggal IV farmers’ group in Semarang Regency, Central Java Province. Descriptive analysis was used to illustrate the perception variables. The methodology was then followed by Conjoint analysis to explore the preferences of goat breeders toward livestock insurance based on three attributes. The study found that goat breeders have a negative perception toward livestock insurance product, although they are aware of climate change. The results showed that the preferences’ utility of flexible premium insurance, outbreak coverage, and less than 1-month claim process are the best option. Premium insurance cost is the most important factor in the livestock insurance product.Keywords: Conjoint analysis, livestock insurance, preferences.

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Journal Info
Jurnal Hexagro
Website

Abbrev

hexagro

Publisher

Universitas Perjuangan Tasikmalaya

Subject

Agriculture, Biological Sciences & Forestry Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

HEXAGRO is scientific periodical publication on agribusiness and rural development issue as a media for information dissemination of research result for lecturer, researcher, and practitioner. The journal publishes several topics, such as Agricultural Marketing and Trade, Agricultural Policy and ...