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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Western Agricultural Economics Association
2001-07-01
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Series: | Journal of Agricultural and Resource Economics |
Subjects: | |
Online Access: | https://ageconsearch.umn.edu/record/31155 |