Problems with Market Insurance in Agriculture

By Barry K. Goodwin. 2001

188 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Sociology and Political Science, Soil Science

View Paper: https://www.semanticscholar.org/paper/a510a9dff7bb19a882a75049d2bede350d85fdfc

How researchers see this paper

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In Economics and Econometrics

1. D. Vedenov
2. V. Filonov

In Sociology and Political Science

1. D. Vedenov
2. V. Filonov

In Soil Science

1. D. Vedenov
2. V. Filonov

Citations in the corpus

• Copula-Based Models of Systemic Risk in U.S. Agriculture: Implications for Crop Insurance and Reinsurance Contracts (2015, unknown): “, Goodwin 2001). As shown by Embrechts, McNeil, and Straumann (2002), standard models of systemic risk and insurance portfolio diversification nearly always assume that risks are linearly correlated and that this dependence is constant.”
• Poverty Traps and Index Based Risk Transfer Products (2008, unknown): “However, even with these provisions, serious adverse selection and moral hazard problems still plague agricultural insurance programs in the United States and other OECD countries (Chambers, 1989; Coble, Knight, Pope, & Williams, 1997; Goodwin, 2001; Just, Calvin, & Quiggin, 1999; Quiggin, Karagiann”
• Rationality of Choices in Subsidized Crop Insurance Markets (2017, unknown): “Most of the considerable body of research on U.S. crop insurance has focused on issues related to product design, rate-setting, and farmers’ participation decisions (e.g., Goodwin 2001; Sherrick et al. 2004; Norwood, Roberts, and Lusk 2004).”
• Applications of Copulas to Analysis of Efficiency of Weather Derivatives as Primary Crop Insurance Instruments (2004, background): “Third, many authors are noting failure of private insurance markets to provide affordable and comprehensive crop insurance, based on traditional multi-peril crop insurance (Goodwin, 2001). Only after 2004 loss ratio of national crop insurance program went down below 1.0. Miranda and Glauber (1997) a”