This paper reports SERF analysis to help rice landlords in the Upper Coastal Bend of Texas evaluate alternative crop insurance combinations of yield loss and prevented planting coverage levels given uncertainty related to surface irrigation water curtailment. For baseline and high curtailment...

This paper analyzes efficiency of weather derivatives as insurance instruments for rice in Ecuador. Weather derivatives were constructed for each county/season combination. Complicated weather models were estimated for the index, and a copula approach was used to get the probability...