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Producer Welfare Benefits of Rating Area Yield Crop Insurance

Index-based insurance is an innovative concept for evaluating agricultural risks and payouts, which uses an index instead of traditional on-site loss assessment. Area yield insurance, as an index-based approach, is an effective strategy to mitigate moral hazard and adverse selection issues. This stu...

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Principais autores: Azadeh Falsafian, Mohammad Ghahremanzadeh, Taravat Aref Eshghi, Vali Rasooli Sharabiani, Mariusz Szymanek, Agata Dziwulska-Hunek
Format: Artigo
Sprog:Inglês
Udgivet: MDPI AG 2024-09-01
Serier:Agriculture
Fag:
crop insurance
certainty equivalent
joint kernel distribution
premium
welfare
Online adgang:https://www.mdpi.com/2077-0472/14/9/1512
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