Hayes, Dermot J.; Lence, Sergio H.; Mason, Chuck - In: Agricultural Finance Review 63 (2003) 2, pp. 127-142
This study estimates the probability density function of the government’s net income from reinsuring crop insurance for corn, wheat, and soybeans. Based on 1997 data, it is estimated there is a 5% probability that the government will need to reimburse at least $1 billion to insurance...
