Insurance policies that trigger on county yield and revenue indexes are expected to be more actuarially fair than policies that trigger on individual farm yield and revenue since individual farm hidden actions and hidden information impacting purchase decisions will be built into insurance...

To many people, futures trading is a little understood and rather suspicious activity. The word most often associated with this trading is "speculation", the idea being that most of those involved in futures markets are gamblers in a high stakes game seeking profit at the expense of those...

The commodity-linked bond offers a potential means for producers of primary goods both to raise capital and to hedge against output price risk. Commodity bonds are distinguished from conventional bonds in that their return structure is denominated in quantities of the underlying commodity....

Farmers face many risks which arise from natural, economic and socio-political environments. Risk sharing institutions like national insurance and credit schemes that help reduce the burden of risk to society are weak in Uasin Gishu county. Private sector insurance products are still in their...

As the world's largest carbon resources country with relatively great carbon emission, China in has just started its carbon trade. China is only a passive participant in international carbon trading market, rarely participating in the project of Clean Development Mechanism (CDM). Therefore,...

A large body of literature studies the issues of the option price and other ex-antewelfare measures under the microeconomic theory to valuate reductions of risks inherentin environment and human health. However, it does not offer a careful discussion of howto estimate risk reduction values using...

PROAGRO is the leading firm in the broiler business in Venezuela. It is integrated through hatchery, grow-out, processing and distribution activities. As a consequence of strict price regulation policies enforced by the government in the poultry products, PROAGRO experienced serious injury to...

Forecasting has been very important in decision making at all levels and sectors of the economy. In agriculture, where the decision environment is characterized by risks and uncertainty largely due to uncertain yields and relatively low price elasticities of demand of most commodities, decision...

This study uses one year (1989-90) of households survey data covering all livestock transactions and input expenditures to examine the equity impacts of the Senegalese livestock policy and the factors affecting purchases and sales of small ruminants in three study zones of the Senegalese Peanut...

In 1998, the Sara Lee Corporation decided to restructure its value chain by diverging from manufacturing many of its products to outsourcing and concentrating its resources on developing and managing its brands. In light of this change, Bil Mar Foods, a subsidiary of Sara Lee located in Zeeland,...