Titlebook: Economics of Agricultural Crop Insurance: Theory and Evidence; Darrell L. Hueth,William H. Furtan Book 1994 Springer Science+Business Medi

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Devashish Jena,Nimisha,Emamezi Samuelion and the environment. Unlike prior studies of production under uncertainty, this paper allows for two related risks, one in short-to-medium run production revenues and the other in asset/land value. The analysis characterizes effects of insurance programs which stabilize either, both or linear co

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T. Inoue,T. Soen,T. Hashimoto,H. Kawaicing the risk of crop failure while other programs are aimed at stabilizing commodity prices. In Canada, crop insurance is widely used by Prairie grain producers; in 1989, more than 70 percent of grain producers carried it. However, other programs are also commonplace on the Canadian Prairie. For ex

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Christoph Meinel,Tatiana Gayvoronskayaiple risk crop insurance scheme has consistently earned enough premium income to cover payouts, much less administrative costs. The standard explanations for the failure of multiple risk crop insurance relate to problems of adverse selection and moral hazard. A number of theoretical models of these

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Tatiana Gayvoronskaya,Christoph Meinelnce, even when that insurance appears to be “fair” or “more than fair” (that is, subsidized by the government). A variety of explanations have been advanced for this disinterest. One large category of explanations contains variations of the argument that farmers receive effective insurance through s

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https://doi.org/10.1007/978-1-4842-8179-6nted annually. Other major annual crops are barley, canola and flax. Numerous other smaller acreage crops like oats, peas, lentils and mustard are also grown. Each of these crops are insurable, and farmers must make the decision to insure in the months of March and April.

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