Optimal producer behavior in the presence of area-yield crop insurance

American Journal of Agricultural Economics

Volumn 84, Issue 2, 2002, Pages 320-334

  Chambers, Robert G ^a,b   Quiggin, John ^c  

^a UNIVERSITY OF MARYLAND   (United States)

^b UNIVERSITY OF WESTERN AUSTRALIA   (Australia)

^c AUSTRALIAN NATIONAL UNIVERSITY   (Australia)

Author keywords

Area yield insurance; Risk averse producers; State contingent technology; Uncertainty

Indexed keywords

AGRICULTURAL ECONOMICS; CROP PRODUCTION; CROP YIELD; THEORETICAL STUDY;

EID: 0036250287     PISSN: 00029092     EISSN: None     Source Type: Journal    
DOI: 10.1111/1467-8276.00300     Document Type: Article

References (27)

1. Input demand under yield and revenue insurance
2. The economics of insuring crops against drought
3. Decomposing input adjustments under price and production uncertainty
4. Separation and hedging results with state-contingent production
5. Experience with crop insurance in the United States
6. Actuarial structures for crop insurance
7. Insurance, moral hazard, and chemical use in agriculture
8. Standard risk aversion
9. Temperature insurance - An alternative to frost insurance in citrus
10. Optimum area yield crop insurance
11. Consumer preferences, linear demand functions, and aggregation in competitive asset markets
12. Area-Yield crop insurance
13. Systemic risk, reinsurance, and the failure of crop insurance markets
14. A price characterization of efficient random variables
15. A note on the viability of rainfall insurance
16. Risk premiums and benefit measures for generalized expected utility theories
17. The arbitrage theory of capital asset pricing
18. Designing and rating an area yield crop insurance contract
19. Crop insurance, moral hazard, and agricultural chemical use
20. Almost ideal area yield crop insurance contracts
21. The effects of crop yield insurance designs on farmer participation and welfare
22. Some remarks on measures of risk aversion and on their uses