Skees, Jerry R.; Black, J. Roy; Barnett, Barry J. - In: American Journal of Agricultural Economics 79 (1997) 2, pp. 430-438
This article documents the design and rate-making procedures used in the development of the Group Risk Plan (GRP)—the new federal crop insurance product that insures based on area yield. The authors of this article worked closely with personnel in the Federal Crop Insurance Corporation and...