It is widely acknowledged that unmitigated risks provide a disincentive for otherwise optimal investments in modern farm inputs. Index insurance provides a means for managing risk without the burdens of asymmetric information and high transaction costs that plague traditional indemnity-based...

According to Polish farmers spring frost is one of the most dangerous natural perils which a farm may face. The aim of the paper is to describe how farmers assess spring frost in the context of other sources of risk and to investigate if there are any interdependencies between the perception of...

Background: The intradisciplinary knowledge in our research framework for this implementation is: Parametric Insurance, Aquaculture Indemnification, Life Circle Assessment (LCA) and Economically Motivated Adulteration (EMA) avoidance.Objective: The newly introduced “Quantum Marketing”...

The weather index-based insurances may help farmers to cope with climate risks overcoming the most common issues of traditional insurances. However, the weather index-based insurances present the limit of the basis risk: a significant yield loss may occur although the weather index does not...

Weather shocks affect smallholder farmers and pastoralists in Sub-Saharan Africa unequally. Agricultural insurance has emerged as a safety net option to protect farmers’ welfare. However, in comparison to other regions, fewer African farmers and pastoralists have adopted agricultural...

Risk management in agriculture is crucial and policymakers are implementing policy reforms to foster farmers' adoption of ex-ante risk management tools such as crop insurance: Their effectiveness is the core of policy evaluation exercises. The Italian subsidised crop insurance market has been...

We provide novel evidence of how an innovative market-based solution using remote-sensing technology can mitigate conflict. Droughts are a major driver of conflict in Africa, particularly between nomadic pastoralists and sedentary farmers, and climate change is predicted to intensify this...

Despite its promise to help low-wealth households manage climate risk, index insurance remains hampered by downside basis risk, meaning that an insured party suffers a loss, but receives no payment because the insurance index fails to register a loss. While efforts to reduce basis risk focus on...

This paper presents a concept of a system allowing farmers to insure against price risk of inputs and products. The insurance existing in agriculture so far (against hail and drought) did not cover incomes. The basic insurance category, which also takes into account the prices of products and...

The purpose of the paper is to compare population of farmers that bought crop insurance with farmers that are uninsured. Based thereon, the author identified features characterizing the insured farmers. These findings were applied to draw more general conclusions concerning factors influencing...