This paper develops an analytical model able to represent the decisions of an individual risk averse farmer facing … variability in both prices and yields. A comprehensive set of stylised risk reducing policy measures is represented. A calibration … between policy measures and market strategies in terms of impacts on production, welfare and risk. Risk reducing strategies …

. Objectives of this study are first to analyse how grassland yield insurance would substitute to self insurance in suckler cow …, simulations have been performed thanks to a bio-economic model applied to French suckler cow farms. Market insurance is found to … decrease profit variability in spite of simultaneous reduction of self insurance. Public supports increase expected utility …

Netherlands of an all-risk insurance package and underlying specific categories of insurance coverage. The major farm …-specific characteristic analyzed. The specific insurance categories reviewed were damage, legal, disability, liability and health insurance …. The results suggest that there are common and insurance-specific factors that can improve the design of insurance policies …

paper measures the extent to which risk management tools, especially direct payments and crop insurance, can significantly … management tools (CAP payments and crop insurance) so as to improve their income and to reduce its volatility (crop insurance …

that lead farmers to insure against crop risk. Our analysis takes into account a mix of both standard individual, financial … subscription of crop insurance policies. …

The economic literature showed that remittances can replace missing credit and insurance markets. As a result, it is …

This study analyses numerically an animal disease insurance scheme and how it could be operationalized. We focus on … animal producer’s incentives to choose an insurance policy and on the feasibility of the insurance system as a whole. We … develop a simple simulation model where the producer chooses whether to take an insurance policy at a given price, and the …

suggest that there occurs no such catastrophic risk that crop insurance system would not be able to cover. Thus, disaster …In Finland, there is need for new crop insurance system as the Crop Damage Compensa-tion scheme (CDC) is abolished in … 2015. Therefore, the responsibility of farmers, insurance companies and government in case of crop damages and catastrophic …

using exchange traded weather derivatives to hedge agricultural production and insurance risk. …Basis risk has been cited as a primary concern for implementing weather hedges. This study investigates several … dimensions of weather basis risk for the U.S. corn market at various levels of aggregation. The results suggest that while the …

impact land use decisions in case of risk-averse behaviour. In this paper we assess the effect of volatile agricultural … shares negatively. Producer’s output responses, therefore, were consistently affected by risk-averse behaviour. …