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An Internet-Based Tool for Weather Risk Management AgEcon
Turvey, Calum G.; Norton, Michael T..
This paper introduces a web-based computer program designed to evaluate weather risk man-agement and weather insurance in the United States. The paper outlines the economics of weather risk in terms of agricultural production and household well-being; defines weather risk in terms of intensity, duration, and frequency; and illustrates the computer program use by comparing heat and precipitation risks at Ardmore, Oklahoma, and Ithaca, New York.
Tipo: Journal Article Palavras-chave: Weather insurance; Heat insurance; Precipitation insurance; Crop insurance; Weather derivatives; Risk and Uncertainty.
Ano: 2008 URL: http://purl.umn.edu/44739
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Investigating Demand for Weather Index Insurance: Experimental Evidence from Ethiopia AgEcon
Norton, Michael T.; Holthaus, Eric; Madajewicz, Malgosia; Osgood, Daniel E.; Peterson, Nicole; Gebremichael, Mengesha; Mullally, Conner; Teh, TseLing.
There is much interest in weather index insurance as a poverty‐mitigating tool, but concerns persist about potential demand for the product among the poorest of the poor. This paper relates the experiences in rural areas of Tigray region, Ethiopia through both commercial sign‐up data and a series of experimental games conducted to test demand for weather index insurance. Demand was observed to be considerable in both.
Tipo: Conference Paper or Presentation Palavras-chave: Risk and Uncertainty.
Ano: 2011 URL: http://purl.umn.edu/104022
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Weather Index Insurance and the Pricing of Spatial Basis Risk AgEcon
Norton, Michael T.; Osgood, Daniel E.; Turvey, Calum G..
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural Finance.
Ano: 2010 URL: http://purl.umn.edu/61734
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