Results 31 to 40 of about 14,724 (294)

Why Didn't I Get a Payout? Understanding Farmer Choices, Index Insurance, and Basis Risk

Applied Economic Perspectives and Policy, EarlyView.
ABSTRACT Index insurance, while heralded as a potential solution to alleviate poverty and food insecurity among agricultural households, has its own set of challenges, notably basis risk. Basis risk is the discrepancy between the insurance payout and losses incurred, posing a significant deterrent to the adoption of index insurance.
S. Lucille Blakeley, Sean Posey, Kathy Baylis, Daniel Osgood, Stuart Sweeney   +4 more
wiley   +1 more source

Bayesian Growth Curve Modelling of Student Academic Trajectories: The Impact of Individual-Level Characteristics and Implications for Education Policy

Applied Sciences
This study examined the factors influencing student academic performance in the Bachelor of Science (BSc) Actuarial Science programme, focusing on Grade 12 mathematics marks, admission point (AP) scores, socioeconomic background, and progression rates ...
Moeketsi Mosia, Felix O. Egara, Fadip Nannim, Moses Basitere   +3 more
doaj   +1 more source

A Mixture of Clayton, Gumbel, and Frank Copulas: A Complete Dependence Model

Journal of Probability and Statistics, 2022
Knowledge of the dependence between random variables is necessary in the area of risk assessment and evaluation. Some of the existing Archimedean copulas, namely the Clayton and the Gumbel copulas, allow for higher correlations on the extreme left and ...
M. A. Boateng, A. Y. Omari-Sasu, R. K. Avuglah, N. K. Frempong   +3 more
doaj   +1 more source

Coping With Production Risk: Effects of Sown Plant Diversity on the Attractiveness of Crop Insurance in Grasslands

Applied Economic Perspectives and Policy, EarlyView.
ABSTRACT Increased frequency of extreme weather events, particularly droughts, threatens grassland farming by destabilizing yields and farms' economic viability. We examine, theoretically and through numerical simulations, how sown plant diversity (natural insurance) influences the attractiveness of indemnity and drought index insurance (formal ...
Nicolas Alou, Sergei Schaub, Martin Quaas, Robert Finger   +3 more
wiley   +1 more source

Crop Insurance Design and On‐Farm Risk Adaptation

Applied Economic Perspectives and Policy, EarlyView.
ABSTRACT The United States spends billions annually on crop insurance premium subsidies, yet the prevailing distance‐based guarantee design unintentionally rewards risk‐taking by linking subsidies to yield variability. We consider a simple redesign: define guarantees in terms of probability so that coverage reflects a consistent likelihood of indemnity.
Gerald Van Tassell, Alan P. Ker
wiley   +1 more source

Actuarial Principles: Lifetables and Mortality Models

, 2022
Buku Actuarial Principles: Lifetables and Mortality Models" mengeksplorasi inti ilmu aktuaria: studi tentang kematian serta risiko dan penerapan lainnya. Termasuk kursus CT4 dan CT5 UK, namun dapat diterapkan untuk audiens global.
Leung, Andrew
core  

The Challenge of Handling Structured Missingness in Integrated Data Sources

Advanced Intelligent Discovery, EarlyView.
As data integration becomes ever more prevalent, a new research question that emerges is how to handle missing values that will inevitably arise in these large‐scale integrated databases? This missingness can be described as structured missingness, encompassing scenarios involving multivariate missingness mechanisms and deterministic, nonrandom ...
James Jackson, Marius Hofert, Eleni‐Rosalina Andrinopoulou, Niels Hagenbuch, Sarah McGough, Chris Harbron, Robin Mitra   +6 more
wiley   +1 more source

A Mathematical Model for the Growth Dynamics of Demand in the Fashion Industry within the Era of the COVID-19 Pandemic

International Journal of Mathematics and Mathematical Sciences, 2022
The outbreak of COVID-19 infection and its effects have not spared any economy on the globe. The fourth variant has just announced its appearance with its high death toll and impact on economic activities. The basic reproductive number R0, which measures
John Awuah Addor, Anthony Joe Turkson, Douglas Yenwon Kparib   +2 more
doaj   +1 more source

Throughput in the UCT Actuarial Science programme: a microcosm of the profession’s transformation challenge

, 2018
We employ survival analysis to investigate throughput rates, and certain demographic and educational factors that exert a significant influence on them, in the Actuarial Science programme at the University of Cape Town. The results contextualise the huge
Ranchod, Shivani, Strugnell, Dave
core   +1 more source

How cold is too cold? A theoretical analysis of the optimal trigger for index insurance for frost damage to crops

American Journal of Agricultural Economics, EarlyView.
Abstract Crop insurance is undoubtedly an extremely valuable element in protecting agricultural businesses, but in many cases standard indemnity‐based products have had very low uptake due to high transaction costs elevating premiums to unaffordable levels.
Amogh Prakasha Kumar, Laura Meriluoto, Richard Watt   +2 more
wiley   +1 more source