Ward, Patrick S.; Spielman, David J.; Ortega, David L.; … - International Food Policy Research Institute (IFPRI) - 2015
manage drought risk: weather index insurance and a recently released drought-tolerant rice variety. We illustrate how these … independent of insurance, largely due to the yield penalty under normal conditions. When bundled with insurance, however, farmersâ …€™ valuation of the rice increases. Farmers value insurance on its own, but even more so when bundled with the drought …