Rejesus, Roderick M.; Coble, Keith H.; Knight, Thomas O.; … - In: American Journal of Agricultural Economics 88 (2006) 2, pp. 409-419
This article addresses the feasibility of implementing an experience-based premium rate discount system in crop insurance. While adverse selection and moral hazard in crop insurance have been extensively studied in the past, discount systems or bonus-malus incentives have not, to our knowledge,...