Crop insurance as a strategy for agricultural development.

Reviews the operation and performance of existing crop insurance programmes in selected developed and developing countries, and presents a procedure for evaluating the attractiveness to farmers of such programmes. Demonstrates the ease with which some recent developments in decision theory can be applied to micro level policy analysis. By constructing a normative risk model with modest data requirements, policy analysts can evaluate the effects of changes in programme parameters on the incentives to purchase crop insurance.-Author

Duke Scholars

Author Randall Kramer Environmental Social Systems