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recognized index insurance, Mongolia's Index-Based Livestock Insurance (IBLI). The empirical study is based on econometric … better off than uninsured households in terms of their livestock, which is the key indicator of income and wealth in this …
Persistent link: https://www.econbiz.de/10011920858
die Wirkung einer weltweit beachteten indexbasierten Versicherung, der Index-Based Livestock Insurance (IBLI) in der …
Persistent link: https://www.econbiz.de/10011920972
impacts of livestock production systems, in particular concerning land use competition, greenhouse gas emissions and rural …: Herd size combined with access to land for fodder production largely determines how producers feed their livestock … producers. Access to both arable land and pasture is dependent on land reform outcomes, which constrain farmers' livestock …
Persistent link: https://www.econbiz.de/10014543671
Mobile phones fit well into the lives of pastoralists in low-income countries. The technology is firmly integrated into most pastoralist communities, affecting and transforming several core activities. Most studies concerned with this relationship, however, have narrow regional and thematic...
Persistent link: https://www.econbiz.de/10012619941
of production in Kazakhstan's traditionally nomadic livestock sector. Experts see considerable potential for output … livestock and future greenhouse gas emissions. We focus on the beef sector, using original survey data and interviews from south …-eastern Kazakhstan to compare rural households and farms by production strategy, generated using cluster analysis from data on livestock …
Persistent link: https://www.econbiz.de/10012792705
We introduce a computational technique- precomputation of integrals - that makes it possible to construct conditional expectation functions in dynamic stochastic models in the initial stage of a solution procedure. This technique is very general: it works for a broad class of approximating...
Persistent link: https://www.econbiz.de/10011995505
Weather derivatives are contingent claims with payoff based on a pre-specified weather index. Firms exposed to weather risk can transfer it to financial markets via weather derivatives. We develop a utility-based model for pricing baskets of weather derivatives under default risk on the issuer...
Persistent link: https://www.econbiz.de/10011996056
In this paper, we analyse and construct a lifetime utility maximisation model with hyperbolic discounting. Within the model, a number of assumptions are made: complete markets, actuarially fair life insurance/annuity is available, and investors have time-dependent preferences. Time dependent...
Persistent link: https://www.econbiz.de/10011996601
We study the gap between the state pension provided by the Italian pension system pre-Dini reform and post-Dini reform. The goal is to fill the gap between the old and the new pension by joining a defined contribution pension scheme and adopting an optimal investment strategy that is...
Persistent link: https://www.econbiz.de/10011996606
Unlike delta-hedging or similar methods based on Greeks, global hedging is an approach that optimizes some terminal criterion that depends on the difference between the value of a derivative security and that of its hedging portfolio at maturity or exercise. Global hedging methods in discrete...
Persistent link: https://www.econbiz.de/10011843294