It is widely acknowledged that unmitigated risks provide a disincentive for otherwise optimal investments in modern farm inputs. Index insurance provides a means for managing risk without the burdens of asymmetric information and high transaction costs that plague traditional indemnity-based...

In this paper, we examine how beliefs about seed quality influence bidding behavior and demand for high-quality seed using an information-provision experiment within an incentive-compatible auction mechanism that mimics seed-purchasing decisions in the presence of seed market frictions. We find...