Index crop insurance products can eliminate the asymmetric information problem inherent in farm-level multiple peril crop insurance. Purchasers of index insurance products are, however, exposed to basis risk. This study evaluates the efficiency of various index insurance products to reduce farm...

This study applies the fixed allocatable input model to test the effect of water price on the multiple production decision in Georgia, U.S. The limited dependent variable models are applied and intensive data are analyzed in this study to estimate the decision for crop choice, land allocation,...

Based on results from a national survey, this study examines how farm households say that they used (or would use) government transfers distributed in the form of direct fixed payments. In addition, the study examines what factors best explain farm household decisions regarding how fixed payment...