processor-grower contracts. We conclude that: (1) the processor offers a contract with a higher premium and a lower base payment … under the contract with a marketing agreement (2) contract parameters change in similar manner under the two contracts (3 …) under a contract with a marketing agreement the processor earns less profit. The individual contract scenarios are discussed …

that have not previously produced the crop. Using field-level crop insurance contract data for several crops in five …

of the agents with respect to status, then potentially there is under-participation to the contract. We also show that if … the principal is free to choose who can participate to the contract, then under some conditions the principal may prefer … to contract with only a subset of potentially "profitable" agents (that is where his utility is strictly positive). We …