AREA-YIELD CROP INSURANCE RECONSIDERED

被引:216
作者
MIRANDA, MJ
机构
[1] Department of Agricultural Economics and Rural Sociology, Ohio State University
关键词
CROP INSURANCE; OPTIMAL HEDGING; RISK AND UNCERTAINTY;
D O I
10.2307/1242708
中图分类号
F3 [农业经济];
学科分类号
0202 ; 020205 ; 1203 ;
摘要
One of the more promising proposals for reforming the federal crop insurance program calls for both premium rates and indemnities to be based not on the producer's individual yield but rather on the aggregate yield of a surrounding area. Area-yield crop insurance can provide more effective yield-loss coverage than individually tailored insurance, without most of the adverse selection and moral hazard problems that have historically undermined the actuarial performance of the federal crop insurance program.
引用
收藏
页码:233 / 242
页数:10
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