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This study examines the factors that determine the likelihood of submitting a potentially fraudulent prevented planting claim. A theoretical model is developed and the theoretical predictions are empirically verified by utilizing a binary choice model and crop insurance data from the southern...
Persistent link: https://www.econbiz.de/10009446595
This paper develops a theoretically consistent behavioral model of farmer decision-making that allows for analysis of the relative impacts of the determinants of SSI value. The model departs from previous literature by assuming that SSI reduces uncertainty, but not eliminate it. Results show...
Persistent link: https://www.econbiz.de/10009443438
Factors affecting the adoption of crop insurance, forward contracting, and spreading sales areanalyzed using multivariate and multinomial probit approaches that account for simultaneousadoption and/or correlation among the three risk management adoption decisions. Our empiricalresults suggest...
Persistent link: https://www.econbiz.de/10009446302