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In search of a new paradigm for rural insurance in Brazil
Ozaki, Vitor A. - 2008
The implementation of a crop insurance program is an oldrequirement of the agricultural sector. After the failure of the NationalCrop Insurance Company (CNSA), in the period of 1954 through 1966,the federal government started to stimulate the agricultural insurance market. Aiming increase the...
Persistent link: https://www.econbiz.de/10009446930
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The Demand for Specialty-Crop Insurance: Adverse Selection and Inefficiency
Richards, Timothy J.; Mischen, Pamela - 1998
The twin problems of moral hazard and adverse selection are often blamed for the lack of insurance for many fruits and vegetables. This paper develops an alternative method of testing for adverse selection that uses a two-stage approach to determine the effects of technical inefficiency on the...
Persistent link: https://www.econbiz.de/10009442641
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Optimal Coverage Level Choice with Individual and Area Plans of Insurance
Bulut, Harun; Collins, Keith J.; Zacharias, Thomas P. - 2011
We theoretically examine a farmer’s coverage demand with area and individual insurance plans as either separate or integrated options. The individual and area losses are assumed to be imperfectly and positively correlated. With actuarially fair rates, the farmer will fully insure with the...
Persistent link: https://www.econbiz.de/10009444562
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On the Systemic Nature of Weather Risk
Xu, Wei; Filler, Gunther; Odening, Martin; Okhrin, Ostap - 2009
Systemic weather risk is a major obstacle for the formation of private (nonsubsidized) crop insurance. This paper explores the possibility of spatial diversification of insurance by estimating the joint occurrence of unfavorable weather conditions in different locations. For that purpose copula...
Persistent link: https://www.econbiz.de/10009444820
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Factors Affecting Farmers’ Utilization of Agricultural Risk Management Tools: The Case of Crop Insurance, Forward Contracting, and Spreading Sales
Velandia, Margarita M.; Rejesus, Roderick M.; Knight, … - 2009
Factors affecting the adoption of crop insurance, forward contracting, and spreading sales areanalyzed using multivariate and multinomial probit approaches that account for simultaneousadoption and/or correlation among the three risk management adoption decisions. Our empiricalresults suggest...
Persistent link: https://www.econbiz.de/10009446302
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How to write an unsuccessful entrepreneurial business plan : content analysis of the normative literature reveals a flawed paradigm
Hindle, Kevin - 1997
The study's aim was to investigate whether an Entrepreneurial Business Planning (EBP) paradigm could be discovered as a … interpretative richness to discover that an established Entrepreneurial Business Planning paradigm does exist. Its major elements …. First, it provides a formally-researched, explicitly-articulated EBP paradigm. This can replace the anecdotal, unarticulated …
Persistent link: https://www.econbiz.de/10009483857
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PARADIGMATIC APPROACH TO THE EVOLUTION OF TOURISM AS A FORM OF INTERNATIONAL ECONOMIC RELATIONS
SHISHCAN (ȘIȘCAN), ZORINA; ROITMAN, IRINA - 2017
Having leaned upon the T. Kuhn’s paradigm conception, the authors have developed a paradigmatic approach to be applied … resulted in revealing some paradigms in the past of tourism which have allowed conceptualizing a tourism paradigm of present … tourism take part of an obsolete paradigm and lead to a destructive tourism while the principles of a new paradigm allow …
Persistent link: https://www.econbiz.de/10011734844
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Introduction of Weather Index Insurance in Ukraine - Obstacles and Opportunities
Shynkarenko, Roman - 2007
the World Bank organizations (IFC Agribusiness Development project and Commodity RiskManagement Group) in 2003-2006. The …
Persistent link: https://www.econbiz.de/10009445049
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Using a Farmer's Beta for Improved Estimation of Actual Production History (APH) Yields
Carriquiry, Miguel A.; Babcock, Bruce A.; Hart, Chad E. - 2005
The effect of sampling error in estimation of farmers’ mean yields for crop insurance purposes is explored using farm-level corn yield data in Iowa from 1990 to 2000 and Monte Carlo simulations. We find that sampling error combined with nonlinearities in the insurance indemnity function will...
Persistent link: https://www.econbiz.de/10009443057
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Economic Evaluation of Bt Corn Refuge Insurance
Mitchell, Paul D.; Hurley, Terrance M.; Hellmich, Richard L. - 2000
The EPA has imposed mandatory refuge requirements for Bt crops to prolong the efficacy of Bt. Growers have no economic incentive to plant the required refuge because refuge crops are on average less productive and more risky. This paper evaluates refuge insurance—insurance thatpays indemnities...
Persistent link: https://www.econbiz.de/10009443066