Why Didn't I Get a Payout? Understanding Farmer Choices, Index Insurance, and Basis Risk
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 +4 more
wiley +1 more source
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 +3 more
wiley +1 more source
Insurance Market Transformation in Conditions of Digitalization
Digital technologies foster intensification of transformation processes on insurance market. Insurance market development depends on efficient introduction of digital insurance technologies, which give an opportunity to compete with global innovation ...
Yu. T. Akhvlediany
doaj +1 more source
On the Economics of US Agricultural Policy
ABSTRACT This paper presents an economic analysis of US agricultural policy, building on a modified version of Gardner's efficient redistribution. We argue that agricultural policy is motivated as an attempt to implement an efficient redistribution scheme that redistributes income toward farmers who, as a group, have been adversely affected by ...
Jean‐Paul Chavas
wiley +1 more source
An Intelligent Method to Identify Effective Factors in Customers' Dissatisfaction in the Insurance Industry using Ensemble Learning [PDF]
Given the competitive market of the insurance industry, customer retention is one of the most important goals of insurance brokers. As a matter of fact, attracting a new customer as well as establishing a relationship with the insurer and gaining his ...
Kamran Balani +4 more
doaj +1 more source
How Video‐Based Information Affects Farmers' Willingness to Pay for Drone Services
ABSTRACT Professional service for digital technology like agricultural drones lowers transaction costs and scope thresholds for smallholders. Meanwhile, perceptual adoption barriers remain underexplored. We conduct a two‐stage choice experiment with a randomized video‐based information treatment among 384 Chinese crop farmers to measure its effect on ...
Hua Zhang +4 more
wiley +1 more source
Representing a new approach for implementing e-insurance using fuzzy DEMATEL [PDF]
During the past two decades, e-commerce has revolutionized many industries by providing easy access infrastructures for interested users who wish to place their orders via internet facilities.
Mahsa Shahhosseini +3 more
doaj
An appraisal of the significance of insurance industry in Tehran province economy [PDF]
In recent years, the contribution of the monetary and financial sectors of Tehran province in the country's economy, especially the insurance industry, is significant, so that in 2018, this province has the highest penetration coefficient and the largest
R. Valinejad Torkamani +2 more
doaj +1 more source
Rural Labor Supply and Economic Opportunities: Commuting, Migration, Tariffs, and Immigration
ABSTRACT Some rural counties remain dependent on agricultural or manufacturing jobs, but an increasing proportion have diversified economics. Rural counties also differ in their abilities to commute to an urban market characterized by higher wages and labor productivity.
Peter F. Orazem, Mary C. Ahearn
wiley +1 more source
Optimization of Insurance Brokerage Institutions in Realizing the Trust of the Indonesian Community
Public trust in the Indonesian insurance business is shaken by the crisis that rocked multiple insurance companies. This study investigates insurance brokerage institutions’ involvement in Indonesia’s insurance activities and how to improve public trust.
Elisatris Gultom +2 more
doaj +1 more source

