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company and an external database, and 2). evaluation of the relationship between the matching accuracy score and several risk … to a master database that contains the best available public information about a specific customer. Additionally …, information management and risk management departments of financial institutions may have very different models. Hence, it is …
Persistent link: https://www.econbiz.de/10012894140
that have included risk and risk management tools within the stochastic frontier analysis in agricultural economics. This … study contributes to investigating the methods used to account for endogeneity by using a risk-accommodating stochastic … few studies have treated endogeneity in farm risk-performance evaluations. According to our findings, it can be concluded …
Persistent link: https://www.econbiz.de/10014287554
production risk and may therefore reduce farmer demand for on-farm varietal diversity, especially when only a few transgenic …
Persistent link: https://www.econbiz.de/10010251108
modeled. At the same time, the risk management analysis largely ignore a significant “human nature” based (bounded rationality …, opportunism) risk, critical factors for the managerial choice such as the institutional environment and the transaction costs, and … diversity of alternative (market, private, collective, public, hybrid) modes of risk management. This paper incorporates the …
Persistent link: https://www.econbiz.de/10013100093
Farm survey data show that the risk aversion of West Australian farmers is comparable to that of other asset holders … other perils but not against the greatest risk – drought. The farm survey indicates that adverse selection does not arise in … the existing market for crop insurance because insurance premiums reflect the risk of crop failure. However, a future …
Persistent link: https://www.econbiz.de/10013107124
The use of climate information in economic activities, typically provided by climate services, may serve as a possible adaptation strategy to changing climate conditions. The present paper analyzes the value of climate services aimed at improving agricultural productivity through a reduction in...
Persistent link: https://www.econbiz.de/10013001166
risk but in practice has exhibited low uptake rates by potential clients. Basis risk—the remaining risk faced by an insured … individual—is widely acknowledged as the Achilles heel of index insurance, and yet direct measurements of basis risk have never …-specific environmental information and spatial variation in basis risk introduces the possibility of adverse selection, a feature often …
Persistent link: https://www.econbiz.de/10012937855
willingness to pay. Basis risk does not seem to be a major constraint. …
Persistent link: https://www.econbiz.de/10011631011
We study how aversion to risk and ambiguity affects the adoption of new technologies by Ghanaian smallholder … aquafarmers. We conduct a set of field experiments designed to elicit farmers' risk and ambiguity preferences and combine it with … surveybased information on their technology adoption decisions. We find that aquafarmers who are more risk-averse were quicker to …
Persistent link: https://www.econbiz.de/10011948304
Abstract: Informal risk-sharing is often cited as a key factor for sustainable poverty alleviation in developing …, and such effects mainly alleviate their risk-induced vulnerability. Confucian culture makes the enforcement mechanisms for … informal risk-sharing more reliable, thus alleviating the vulnerability to poverty. Even in areas with developed financial …
Persistent link: https://www.econbiz.de/10014238075