Showing 1 - 10 of 47
Purpose – The purpose of this paper is to examine a new insurance policy against natural disasters. Design … his farm if and only if insurance improves the utility he is expecting over a given year. Therefore, the paper takes the … paper proves that the market for insurance could grow with a combination of participating contracts and market …
Persistent link: https://www.econbiz.de/10010551571
the concept of index-based livestock insurance in northern Kenya, and analyze patterns of game play. The paper is designed … seen if the extension effort leads to more informed consumers of insurance products, which the authors hope to address in …. It will be interesting to see if there are any gender dimensions to insurance use. In addition, with competing claims to …
Persistent link: https://www.econbiz.de/10008738762
Purpose – This article seeks to examine the reference yield calculation method used in crop insurance rating and … provides recommendations that could potentially improve actuarial performance of the Federal crop insurance program. Design … Federal crop insurance program. Findings – The results suggest that reference yields, which at the time of this study are …
Persistent link: https://www.econbiz.de/10008738767
Purpose – This study seeks to evaluate the impacts of land rental arrangements on crop insurance and grain marketing … marketing and crop insurance decisions are estimated for a risk-averse producer under typical cash rent and share rent … agreements using numerical simulation methods. Findings – Results indicate that the availability of crop insurance impacts the …
Persistent link: https://www.econbiz.de/10008738769
(ACRE) program on the risk-reducing effectiveness of crop insurance products. Design/methodology/approach – Three crop … (APH) and crop revenue coverage (CRC) insurance instruments are considered separately under the 2002 Farm Bill and under … risk premium assumptions. Findings – Crop insurance contracts appear to be more effective under the 2002 Farm Bill than …
Persistent link: https://www.econbiz.de/10008471786
aims to assess whether adjusted gross revenue-type insurance instruments meet insurability conditions when applied to dairy … sources of variation in adjusted gross revenue and adjusted gross revenue less feed purchases. In-sample insurance premiums … trigger a higher frequency of indemnities under a whole farm revenue insurance contract. Research limitations …
Persistent link: https://www.econbiz.de/10008471787
Purpose – The purpose of this paper is to determine which factors are most influential to farmers' crop insurance … on crop insurance purchase decisions. While acres farmed had statistically significant impact on most of the crop … insurance purchase decisions, different factors played a role in purchase decisions based on types of insurance and types of …
Persistent link: https://www.econbiz.de/10004979837
subsidized crop insurance and production contracts. The purpose of this paper is to quantify risks growers face due to “coverage … gaps” in crop insurance that result in uncertain indemnity payments when their crop does not meet contract specifications … crop insurance provisions affect efficient choice sets for growers. Risk premiums for irrigated growers all point to …
Persistent link: https://www.econbiz.de/10004979840
The market for insuring insect damage is far from complete. This study introduces a new type of derivative instrument-insect derivatives-that provide growers a market-based means of transferring insect risk to speculators or others who may profit from higher insect populations. A risk-neutral...
Persistent link: https://www.econbiz.de/10005007775
particular, the authors look at the extent to which farmers use weather derivatives to complement insurance. Unlike insurance … a more complete hedge than insurance alone. Design/methodology/approach – The authors conducted a survey of grain … high in frequency but low in severity, to study the usage of weather derivatives compared to insurance and identify the …
Persistent link: https://www.econbiz.de/10010688434