INVESTIGATING THE IMPLICATIONS OF MULTI-CROP REVENUE INSURANCE FOR PRODUCER RISK MANAGEMENT

J. Corey Miller, Keith Coble and Barry Barnett

No 15802, Professional Presentations from Mississippi State University, Department of Agricultural Economics

Abstract: This study investigates the potential for alternative multi-crop revenue insurance designs in comparison to single crop yield and revenue insurance designs. A non-parametric multi-crop insurance model is developed which subsumes the single crop designs. The results compare alternative designs in terms of rate levels and risk reduction gains for representative Mississippi producers.

Keywords: Risk; and; Uncertainty (search for similar items in EconPapers)
Pages: 21
Date: 2000
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:misppr:15802

DOI: 10.22004/ag.econ.15802

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