Richards, Timothy J.; Eaves, James; Fournier, Valerie; … - In: Agricultural Finance Review 66 (2006) May, pp. 27-45
The market for insuring insect damage is far from complete. This study introduces a new type of derivative instrument-insect derivatives-that provide growers a market-based means of transferring insect risk to speculators or others who may profit from higher insect populations. A risk-neutral...
