A large variety of subsidized crop insurance products are available to U.S. crop growers. Distinct and perhaps puzzling patterns in the choices of insurance products and coverage levels can be discerned. Where production conditions are better and yields are less risky then (a) higher insurance...

A large variety of subsidized crop insurance products are available to U.S. crop growers. Distinct and perhaps puzzling patterns in the choices of insurance products and coverage levels can be discerned. Where production conditions are better and yields are less risky then (a) higher insurance...

No satisfactory motivation has been forwarded in favor of any crop yield distribution, including thenormal. This article explores the foundations of yield distributions for the Law of the Minimum resourceconstraint technology at the plot level of analysis.With independent, identical, uniform...