AN EXAMINATION OF DIFFERENT TYPES OF ADVERSE SELECTION IN FEDERAL CROP INSURANCE

Saleem Shaik and Joseph A. Atwood

No 36649, 2002 Annual Meeting, July 28-31, 2002, Long Beach, California from Western Agricultural Economics Association

Abstract: Different types of adverse selection-type of insurance product, type of unit, type of coverage and number of actual yields reported in Federal crop insurance is examined utilizing binomial and ordered logit discrete choice models for all U.S. cotton producers, 1997-2000. The associated costs of adverse selection in U.S. cotton range from $32 Million to $359 Million for the four-year period.

Keywords: Risk; and; Uncertainty (search for similar items in EconPapers)
Pages: 22
Date: 2002
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:waealb:36649

DOI: 10.22004/ag.econ.36649

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