tradeoff between efficiency and fairness of the allocation, we give indications on the desirable structure of the insurance …

tradeoff between efficiency and fairness of the allocation, we give indications on the desirable structure of the insurance …

to receive more up-to-date information about insurance in agriculture. Accordingly, we have tried to shed light on the … main aspects of insurance as one tool of risk management in agriculture. Thus, our purpose is to give the reader … information on principles and potential of insurance, its main problems and possible solutions. Additionally, this paper provides …

conditions, risk attitudes and risk management techniques with respect to the requirements of a functioning crop insurance system …

This discussion paper considers insurance as a possible instrument of farm income stabilization and compares several … crop insurance products with respect to their applicability in a transition economy using the case of Kazakhstan. The … analysis is based on a qualitative evaluation as well a quantitative assessment of selected insurance products. The qualitative …

Within the context of a competitive insurance market, this paper examines the impact of ambiguity on the behavior of … be under insured and it is even possible that customers may not purchase any insurance. …

on their application to insurance. This is followed with observations on the lack of appreciation of probability studies …

evolutionary theory of the development of the insurance industry starting with mutual pooling at uncertainty, turning into …Decision theory assumes that agents making choices assign subjective probabilities to outcomes, also at choices where … insurance priced ex ante when actuarial information is available. …

to both in- novate and acquire information. Finally, the impact of insurance on the investment and information …