affects world prices. Third, liberalization can impose adjustment costs and raise short-run risk owing to competition from …

educated, rich, and proactive individuals were more likely to purchase insurance. Risk aversion was associated with low … risk reduced demand for insurance, particularly when the price of the contract was high, and that provision of insurance …

While there is a fast-growing policy interest in offering financial products to help rural households manage risk, the … hypothesize that this difference results from the fact that although men and women are equally exposed to yield risk, women face … essence, the basis risk associated with agricultural insurance products is higher for women. Insurance was more effective than …

manage drought risk: weather index insurance and a recently released drought-tolerant rice variety. We illustrate how these … tools can independently address drought risk and demonstrate the potential for these tools to be combined in a complementary … risk management product. Using a discrete choice experiment, we assess farmers’ preferences for these two tools …