A critical issue in identifying an appropriate characterization of crop yield distributions is that the best-fitting distribution in an in-sample framework is not necessarily the best choice out-of-sample. This study provides a methodology for estimating flexible and efficient mixture models...

Can the availability of poorly-designed government insurance alter technology adoption decisions? A theoretical model of technology adoption and insurance incentive effects for a high- and low-risk technology is developed and explored empirically using a unique dataset of skip-row agronomic...