This paper seeks to characterize the factors that explain crop insurance participation. A stylized model of insurance demand, with a simple setup of one crop. CARA preferences, yield insurance, and PDfs for revenue and yeild with moment‐generating functions, provides a number of hypotheses...

The effectiveness of hedging drought risks with weather derivatives was investigated for rain‐fed grain maize production in Switzerland under current (1981‐2003) and projected future (2070‐2100) climatic conditions. Depending on location, hedging reduced the value‐at‐ (VaR) measure to...

Purpose – This paper aims to reconsider “the crisis” in terms of a failure in dominant economic thinking and to discuss the repercussions for corporate governance. Design/methodology/approach – The paper provides a rational narrative deconstruction of the crisis. Findings – The paper...

Purpose – The purpose of this editorial is to introduce the special issue on “Collective worker responses to redundancy and restructuring”. Design/methodology/approach – The editorial provides an overview and introduces the papers which make up the special issue. Findings – The six...

Purpose – The purpose of this paper is to evaluate the role of human capital technology spillovers across countries in converging their growth rates. Design/methodology/approach – This paper develops a closed form mathematical endogenous growth model and applies it to a small open economy...

Purpose – The purpose of this article is to investigate the return associated with a Canadian dollar (C$) investment in the USA under passive, random walk, value at risk, and Sharpe ratio strategies. Design/methodology/approach – To comply with the purpose, this paper used a GARCH model, and...