Do farmers care about basis risk? Evidence from a field experiment in India

Despite the potential of weather index insurance as an innovative climate risk adaptation instrument for farmers in the developing world, there is a major barrier to its widespread uptake, namely “basis risk”. In this paper, we focus on the spatial dimension of basis risk by analysing rainfall patte...

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Bibliographic Details
Main Authors: Sarthak Gaurav, Vaibhav Chaudhary
Format: Article
Language:English
Published: Elsevier 2020-01-01
Series:Climate Risk Management
Online Access:http://www.sciencedirect.com/science/article/pii/S2212096319302128