payments and financial literacy, as well as markets for health insurance, crop insurance, agricultural credit, small firm …

Assessing the scope for insurance in rural communities usually requires a structural model of household behavior under … Indian farmers in the ICRISAT villages would not benefit from the introduction of formal weather insurance. In this paper we … that this can affect the conclusion that insurance would not be welfare improving. …

insurance product designed to compensate low-income Indian farmers in the event of insufficient rainfall during the primary … purchase the insurance, even though they overwhelmingly cite rainfall variability as their most significant source of risk. We … then conduct a series of randomized field experiments to test theories of why product adoption is so low. Insurance …