Purpose – The purpose of this paper is to outline a pricing formula for the valuation of catastrophic (CAT) bonds as applied to multiple trigger drought risks in Kenya. Design/methodology/approach – The valuation model is designed around the multiple triggers of the Mexican Catastrophe...

Purpose – While behavioral economic experiments have uncovered a wealth of insights concerning how people decide in the face of risk and uncertainty, the implications of these insights for the demand for agricultural insurance are under-explored. The purpose of this paper is to report on...

Purpose – The federal crop insurance program has become the cornerstone of US agricultural policy. Since its introduction in the mid-1990s, crop revenue insurance has grown in prominence and now represents nearly 90 percent of liability for major crops. The pricing and design of revenue...

The internet is playing an increasing role in the development of rural areas. For farmers in particular, reliable internet access creates opportunities concerning farm management decisions. Hence, the goal of this study was to investigate German farmers' willingness to buy inputs online. Primary...

Die Digitalisierung schreitet mehr und mehr voran und beeinflusst zunehmend Geschäftsabläufe in Unternehmen. Dem Handel über das Internet kommt in diesem Zusammenhang eine besondere Bedeutung für die zukünftige Entwicklung des ländlichen Raums zu. Nichtsdestotrotz gibt es bisher keine...

Digitalization is progressing more and more and increasingly influencing business processes in companies. In this context, e-commerce plays an important role for the future development of rural areas. Nonetheless, there is so far no study which investigates the use of e-commerce for business...

The internet plays a promising role for the future development of rural areas and offers several potential business relevant applications for agricultural entrepreneurs. Yet, little is known about the determinants of internet use intensity of German farmers. Thus, this paper empirically explores...