SELF-INSURANCE AND THE UTILITY OF STANDARD RISK MANAGEMENT CONTRACTS

This paper analyzes the potential trade offs and complementarities that exist between intra-year strategies employing annual price and yield risk contracts and inter-year self-insurance strategies involving intertemporal consumption substitution and borrowing, and examines whether standard crop insurance contracts can be made more useful to farmers if offered with a multiple-year horizon.

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Year of publication:	1998
Authors:	Makki, Shiva S. ; Miranda, Mario J.
Institutions:	Agricultural and Applied Economics Association - AAEA
Subject:	Risk and Uncertainty

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Extent:	application/pdf
Series:	1998 Annual meeting, August 2-5, Salt Lake City, UT.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series 1998 Annual meeting, August 2-5, Salt Lake City, UT Number 20975
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005501183