Does experience with natural disasters affect willingness-to-pay for weather index insurance? Evidence from China
Sign Up to like & getrecommendations! Published in 2019 at "International Journal of Disaster Risk Reduction"
DOI: 10.1016/j.ijdrr.2018.09.006
Abstract: Although numerous index insurance pilot programs have been conducted in China, little is known about Chinese farmers’ willingness to pay for index insurance. By using a field survey of small farm households in China’s Heilongjiang… read more here.
Keywords: index insurance; experience natural; willingness pay; index ... See more keywords
Climate change and index insurance demand: Evidence from a framed field experiment in Tanzania
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Economic Behavior and Organization"
DOI: 10.1016/j.jebo.2020.04.016
Abstract: Abstract Index insurance has been touted as part of an adaptation strategy to mitigate climate risks among smallholder farmers. However, in the face of increasing drought probabilities, demand for index insurance may decrease compared to… read more here.
Keywords: climate change; change; insurance; index insurance ... See more keywords
Index insurance benefits agricultural producers exposed to excessive rainfall risk
Sign Up to like & getrecommendations! Published in 2018 at "Weather and Climate Extremes"
DOI: 10.1016/j.wace.2018.10.003
Abstract: Abstract Managing the risks of climate variability on crop production is central to ensuring financially viable farming systems and sustainable food production. Insurance provides a mechanism to manage and transfer climate risks. However, traditional multi-peril… read more here.
Keywords: index; insurance; excessive rainfall; sugar cane ... See more keywords
Using copulas for rating weather index insurance contracts
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Applied Statistics"
DOI: 10.1080/02664763.2017.1420146
Abstract: ABSTRACT This study develops a methodology for a copula-based weather index insurance design. Because the copula approach is better suited for modeling tail dependence than the standard linear correlation approach, its use may increase the… read more here.
Keywords: insurance contracts; index insurance; weather index; weather ... See more keywords
A Framework to Assess Remote Sensing Algorithms for Satellite-Based Flood Index Insurance
Sign Up to like & getrecommendations! Published in 2023 at "IEEE Journal of Selected Topics in Applied Earth Observations and Remote Sensing"
DOI: 10.1109/jstars.2023.3244098
Abstract: Remotely sensed data have the potential to monitor natural hazards and their consequences on socioeconomic systems. However, in much of the world, inadequate validation data of disaster damage make reliable use of satellite data difficult.… read more here.
Keywords: index; flood index; remote sensing; index insurance ... See more keywords
Accounting for Geographic Basis Risk in Heat Index Insurance: How Spatial Interpolation Can Reduce the Cost of Risk
Sign Up to like & getrecommendations! Published in 2021 at "Weather, Climate, and Society"
DOI: 10.1175/wcas-d-20-0070.1
Abstract: Extreme heat events cause periodic damage to crop yields and may pose a threat to the income of farmers. Weather index insurance provides payouts to farmers in the case of measurable weather extremes to keep… read more here.
Keywords: heat; weather; risk; index insurance ... See more keywords
Linking Agricultural Index Insurance with Factors That Influence Maize Yield in Rain-Fed Smallholder Farming Systems
Sign Up to like & getrecommendations! Published in 2021 at "Sustainability"
DOI: 10.3390/su13095176
Abstract: Weather extremes pose substantial threats to food security in areas where the main source of livelihood is rain-fed crop production. In most of these areas, agricultural index insurance (AII) is recognized as being capable of… read more here.
Keywords: agricultural index; yield; weather; non weather ... See more keywords