| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
DEVELOPING AND PRICING PRECIPITATION INSURANCE
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| Autores: |
Martin, Steven W.
Barnett, Barry J.
Coble, Keith H.
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| Data: |
2004-01-06
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| Ano: |
2001
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| Palavras-chave: |
Risk and Uncertainty
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| Resumo: |
Production agriculture and agribusiness are exposed to many weather-related risks. Recent years have seen the emergence of an increased interest in weather-based derivatives as mechanisms for sharing risks due to weather phenomena. In this study, a unique precipitation derivative is proposed that allows the purchaser to specify the parameters of the idemnity function. Pricing methods are presented in the context of a cotton harvest example from Mississippi. Our findings show a potential for weather derivatives to serve niche markets within U.S. agriculture.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
12247
http://purl.umn.edu/31155
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| Editor: |
AgEcon Search
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| Relação: |
Journal of Agricultural and Resource Economics>Volume 26, Number 01, July 2001
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| Formato: |
14
application/pdf
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