Designing weather index insurance of crops for the increased satisfaction of farmers, industry and the government
Weather-based crop insurance is a powerful tool for stabilizing farmers’ income by providing timely payouts directly linked with weather parameters. However, its performance can be marred by faulty design, leading to high basis risk and insufficient payouts. This paper presents a new methodology for...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2019-01-01
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Series: | Climate Risk Management |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2212096318300998 |