insurance, a tool for mitigating weather risk that is gaining momentum in developing countries. We model potential effects of … index insurance for pastoralists on animal stocking decisions and the resulting effects on common property resource quality … pastoralists by enhancing expected payoffs and reducing the exit of pastoralists, under certain conditions the insurance can worsen …

"Goodwin and Mahul identify the key issues and concerns that arise in the design and rating of crop yield insurance … insurance scheme and the ratemaking procedures. Relying on the U.S. experience and recent developments in statistics and … econometrics, they review risk modeling concepts and provide technical guidelines in the development of crop insurance plans …