Obtaining reliable estimates of insurance premiums is a critical step in risk sharing and risk transfer necessary to ensure solvency and continuity in crop insurance programs. Challenges encountered in the estimation include dealing with aggregation bias from using county level yield averages as...

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...

Evaluations of the factors influencing the adoption of agricultural and natural resource management technologies among small farmers in developing countries have been mostly limited to qualitative discussions or simple descriptive statistics resulting in superficial and inconclusive findings....