The Dynamics of Agricultural Insurance and Consumption Smoothing

Language: English

Published by Scholars' Press Aug 2013, 2013

3639517598 / 9783639517590

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This item is printed on demand - Print on Demand Titel. Neuware -Most of the existing studies evaluating performance of market-based agricultural risk management instruments, are based on static, two-period models in which hedging or insurance is undertaken in the first period and all uncertainty is resolved in the second period. In reality, risk management decisions are undertaken in a multi-period, dynamic environment in which decisions in any period can affect outcomes in other periods. Once the modeling environment becomes truly dynamic, things can change substantially. This book focuses on interaction between farmer insurance decisions and their borrowing and saving decisions in a multi-period dynamic model. This type of interaction has not been comprehensively addressed in existing literature. In this book, a simple stochastic dynamic model is developed and solved for a risk-averse farmer using revenue insurance to manage risk and, also borrows and lends subject to a credit constraint. The analysis provides new insights into inter-temporal risk management behavior of farmers. It also suggests reasons why the effective demand for agricultural insurance may be much lower than that predicted by simple static models of agricultural insurance.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 144 pp. Englisch.…

Seller Inventory # 9783639517590

Title
The Dynamics of Agricultural Insurance and Consumption Smoothing
Author
Gerald Nyambane
Publisher
Scholars' Press Aug 2013
Publication year
2013
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3639517598
ISBN 13
9783639517590
Item weight
233 grams
Dimensions
220x150x10 mm

buchversandmimpf2000

Emtmannsberg, BAYE, Germany

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AbeBooks seller since January 23, 2017

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Impressum Thorsten Retsch Buchversand Mimpf2000 Oberölschnitz 16 95517 Emtmannsberg Deutschland Telefon: 09209-2023188 Email: mimpf2000@online.de USt-ID-Nr.: DE 235096871 Wir führen gebrauchte Bücher aus allen Sparten der Literatur

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