Developing and Pricing Precipitation Insurance

Production agriculture and agribusiness are exposed to many weather-related risks. Recent years have seen the emergence of an increased interest in weather-based derivatives as mechanisms for sharing risks due to weather phenomena. In this study, a unique precipitation derivative is proposed that al...

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Bibliographic Details
Main Authors: Steven W. Martin, Barry J. Barnett, Keith H. Coble
Format: Article
Language:English
Published: Western Agricultural Economics Association 2001-07-01
Series:Journal of Agricultural and Resource Economics
Subjects:
Online Access:https://ageconsearch.umn.edu/record/31155