This paper develops and applies a methodology to assess the accuracy of historical loss-cost rating procedures, similar to those used by the U.S. Department of Agriculture’s Risk Management Agency (RMA), versus alternative parametric premium estimation methods. It finds that the accuracy...

Legislatively mandated declines in government program payments have coincided with sharp declines in most major crop commodity prices. Thus, a debate has begun about the direction of future farm policy. The debate has been largely expressed in terms of a "safety net" for producers. This paper...

This study explores crisis-adjustment strategies adopted by small and medium enterprises (SMEs) in Indonesia in coping with the 2008-2009 global economic crisis. For the purpose of the study, a field survey on export-oriented SMEs in the wood and rattan furniture industry was conducted. The...

This study analyzes the risk perceptions and risk attitudes of farmers practicing different rice-based cropping patterns in the rainfed lowland ecosystems of Ilocos Norte, Philippines. The Likert scale and Kruskal-Wallis test were employed to assess the farmers’ risk perceptions while the...

This study explores crisis-adjustment strategies adopted by small and medium enterprises (SMEs) in Indonesia in coping with the 2008-2009 global economic crisis. For the purpose of the study, a field survey on export-oriented SMEs in the wood and rattan furniture industry was conducted. The...

Coastal communities are especially vulnerable to the impacts of a range of natural disasters. The reported frequency of natural disasters has risen dramatically in the past 100 years, with coastal zones particularly exposed to tsunamis, cyclones, and flooding. Managing the change in coastal...

Coastal communities are especially vulnerable to the impacts of a range of natural disasters. The reported frequency of natural disasters has risen dramatically in the past 100 years, with coastal zones particularly exposed to tsunamis, cyclones, and flooding. Managing the change in coastal...

The aim of this paper is to point out some problems of index estimation for the purposes of weather derivative valuation considering the particularities of agriculture. The assessment of the sensitivity of barley to weather over 40 years has been the basis for the design and valuation of weather...