期刊名称：Journal of Agricultural and Resource Economics
印刷版ISSN：1068-5502
出版年度：2017
卷号：42
期号：1
页码：10-26
出版社：WAEA
摘要：This study proposes a probabilistic model of the individual crop insurance purchase decisionthat explicitly recognizes that neither the producer nor the insurer knows the exact value of theactuarially fair premium (AFP) underlying the desired policy. The model is used to explore theimpact of key features of the insurer and producer AFP estimates on the probability that theproducer will purchase insurance and other important indicators of program performance. Themodel is applied to assessing the merits of alternative premium estimation methods and to shedlight on some major factors affecting the performance of the U.S. crop insurance program.
关键词：agricultural risk; comparative statics for crop insurance; crop insurance program;performance; estimation of crop insurance premiums; insurance decision under uncertainty
