Purpose – This paper explored factors that impact insurance choices of demand (farmers) and supply (insurance companies … tendency from farmers and partially observe the supply tendency from insurance companies. Using bi-vairate probit model, a … joint estimation of insurance decisions of both supply and demand sides suggested that factors perform different roles in …

believe that this is the first willingness-to-pay study of weather insurance uptake in China. The authors used a unique …Purpose – China frequently suffers from weather-related natural disasters and weather risk is recognized as a source of … wide-spread systemic risk throughout large swaths of China. During these periods farmers' crops are at risk and for a …

Purpose – The purpose of this paper is to examine the efficiency of current subsidized crop insurance products (SCIPs …) in Miyun county, in northern China, by testing the existence of adverse selection. Design/methodology/approach – The … with more risk should be more likely to buy crop insurance in pursuit of the benefits from SCIPs. Findings – However, both …

believe that this is the first willingness-to-pay study of weather insurance uptake in China. The authors used a unique …Purpose – China frequently suffers from weather-related natural disasters and weather risk is recognized as a source of … wide-spread systemic risk throughout large swaths of China. During these periods farmers' crops are at risk and for a …

reinsurance. This information and framework may also be useful for crop insurance firms in China when considering crop reinsurance …Purpose – In the USA, private insurance companies serve as an integral part of the delivery and risk sharing of the … federal crop insurance program. Governed by the Standard Reinsurance Agreement (SRA), private crop insurance companies must …

they suggest that farmers in China would have an interest in purchasing weather insurance. Originality/value – The authors … believe that this is the first study conducted on weather insurance in China. The survey instrument is designed to … farmers would have a preference for weather insurance over other types of agricultural insurance. Design …

they suggest that farmers in China would have an interest in purchasing weather insurance. Originality/value – The authors … believe that this is the first study conducted on weather insurance in China. The survey instrument is designed to … farmers would have a preference for weather insurance over other types of agricultural insurance. Design …

reinsurance. This information and framework may also be useful for crop insurance firms in China when considering crop reinsurance …Purpose – In the USA, private insurance companies serve as an integral part of the delivery and risk sharing of the … federal crop insurance program. Governed by the Standard Reinsurance Agreement (SRA), private crop insurance companies must …

believe that this is the first willingness‐to‐pay study of weather insurance uptake in China. The authors used a unique …Purpose – China frequently suffers from weather‐related natural disasters and weather risk is recognized as a source of … wide‐spread systemic risk throughout large swaths of China. During these periods farmers' crops are at risk and for a …

fully generalize to all regions of China, for all situations. Practical implications – Crop insurance has been recently … expanded in China, and the information from this study should be useful for insurance companies and government policy makers … that are attempting to increase the adoption rate of crop insurance in China. Social implications – Crop insurance may be a …