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Crop Insurance And Crop Production: An Empirical Study Of Moral Hazard And Adverse Selection

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  • John C. Quiggin
  • Giannis Karagiannis
  • J. Stanton

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File URL: http://hdl.handle.net/10.1111/j.1467-8489.1993.tb00531.x
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Bibliographic Info

Article provided by Australian Agricultural and Resource Economics Society in its journal Australian Journal of Agricultural and Resource Economics.

Volume (Year): 37 (1993)
Issue (Month): 2 (08)
Pages: 95-113

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Handle: RePEc:bla:ajarec:v:37:y:1993:i:2:p:95-113

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References

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  1. Quiggin, John C., 1986. "A Note On The Viability Of Rainfall Insurance," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 30(01), April.
  2. Quiggin, John, 1991. " Comparative Statics for Rank-Dependent Expected Utility Theory," Journal of Risk and Uncertainty, Springer, vol. 4(4), pages 339-50, December.
  3. Rulon D. Pope & Richard E. Just, 1977. "On The Competitive Firm Under Production Uncertainty," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 21(2), pages 111-118, 08.
  4. Quiggin, John, 1982. "A theory of anticipated utility," Journal of Economic Behavior & Organization, Elsevier, vol. 3(4), pages 323-343, December.
  5. Bardsley, Peter & Abey, Arun & Davenport, Scott V., 1984. "The Economics Of Insuring Crops Against Drought," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 28(01), April.
  6. Machina, Mark J, 1982. ""Expected Utility" Analysis without the Independence Axiom," Econometrica, Econometric Society, vol. 50(2), pages 277-323, March.
  7. Peter Bardsley, 1986. "A Note On The Viability Of Rainfall Insurance — Reply," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 30(1), pages 70-75, 04.
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Cited by:
  1. Shaik, Saleem & Atwood, Joseph A., 2002. "An Examination Of Different Types Of Adverse Selection In Federal Crop Insurance," 2002 Annual Meeting, July 28-31, 2002, Long Beach, California 36649, Western Agricultural Economics Association.
  2. Colson, Gregory & Fu, Shengfei & Ramirez, Octavio A., 2012. "Crop Insurance Savings Accounts," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124739, Agricultural and Applied Economics Association.
  3. Coleman, Jane A. & Shaik, Saleem, 2009. "Time-Varying Estimation of Crop Insurance Program in Altering North Dakota Farm Economic Structure," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49516, Agricultural and Applied Economics Association.
  4. Soule, Meredith J. & Nimon, R. Wesley & Mullarkey, Daniel J., 2001. "Risk Management And The Environment: Impacts At The Intensive And Extensive Margins," 2001 Annual meeting, August 5-8, Chicago, IL 20670, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  5. Vitor Ozaki, 2009. "Pricing farm-level agricultural insurance: a Bayesian approach," Empirical Economics, Springer, vol. 36(2), pages 231-242, May.
  6. Michael J. Roberts & Erik O'Donoghue & Nigel Key, 2014. "Separating Moral Hazard from Adverse Selection: Evidence from the U.S. Federal Crop Insurance Program," Working Papers 201410, University of Hawaii at Manoa, Department of Economics.
  7. Shaik, Saleem & Atwood, Joseph A., 2002. "Optional Unit Policy In Crop Insurance," 2002 Annual meeting, July 28-31, Long Beach, CA 19741, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  8. Alberto Garrido & David Zilberman, 2008. "Revisiting the demand for agricultural insurance: the case of Spain," Agricultural Finance Review, Emerald Group Publishing, vol. 68(1), pages 43-66, September.
  9. Deng, Xiaohui & Barnett, Barry J. & Hoogenboom, Gerrit & Yu, Yingzhuo & Garcia, Axel, 2006. "Evaluating the Efficiency of Crop Index Insurance Products," 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida 35333, Southern Agricultural Economics Association.
  10. Becker, N., 1999. "A comparative analysis of water price support versus drought compensation scheme," Agricultural Economics, Blackwell, vol. 21(1), pages 81-92, August.
  11. Barnett, Barry J., 2004. "Agricultural Index Insurance Products: Strengths And Limitations," Agricultural Outlook Forum 2004 32971, United States Department of Agriculture, Agricultural Outlook Forum.
  12. Ker, Alan P. & McGowan, Pat, 2000. "Weather-Based Adverse Selection And The U.S. Crop Insurance Program: The Private Insurance Company Perspective," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 25(02), December.
  13. Michael Hoy & Adeyemi Esuola & Zahirul Islam & Calum G. Turvey, 2007. "Evaluating the Effects of Asymmetric Information in a Model of Crop Insurance," Working Papers 0706, University of Guelph, Department of Economics and Finance.
  14. Richards, Timothy J. & Mischen, Pamela, 1997. "The Demand for Specialty-Crop Insurance: Adverse Selection and Moral Hazard," 1997 Annual Meeting, July 13-16, 1997, Reno\Sparks, Nevada 35847, Western Agricultural Economics Association.
  15. Cory G. Walters & C. Richard Shumway & Hayley H. Chouinard & Philip R. Wandschneider, 2008. "Information and Opportunistic Behavior in Federal Crop Insurance Programs," Working Papers 2008-9, School of Economic Sciences, Washington State University.
  16. Coyle, Barry T. & Wei, Ran & Rude, James, 2008. "Dynamic Econometric Models of Manitoba Crop Production and Hypothetical Production Impacts for CAIS," Working Papers 46630, Canadian Agricultural Trade Policy Research Network.
  17. Shaik, Saleem & Atwood, Joseph A., 2000. "Estimating The Demand Of Crop Insurance And Supply Of Indemnity Payments: Nebraska Agriculture Sector," 2000 Annual meeting, July 30-August 2, Tampa, FL 21795, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  18. Sil, Jayashree, 2002. "Forward Contracts And Crop Insurance: Should Premiums Be Adjusted For Risk Management Practice?," 2002 Annual meeting, July 28-31, Long Beach, CA 19638, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  19. Lubowski, Ruben N. & Bucholtz, Shawn & Claassen, Roger & Roberts, Michael J. & Cooper, Joseph C. & Gueorguieva, Anna & Johansson, Robert C., 2006. "Environmental Effects Of Agricultural Land-Use Change: The Role Of Economics And Policy," Economic Research Report 33591, United States Department of Agriculture, Economic Research Service.
  20. Atwood, Joseph A. & Robinson-Cox, Jim & Shaik, Saleem, 2004. "A Statistical Examination Of Yield Switching Fraud In The Federal Crop Insurance Program," 2004 Annual meeting, August 1-4, Denver, CO 19983, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  21. Martin, Steven W. & Barnett, Barry J. & Coble, Keith H., 2001. "Developing And Pricing Precipitation Insurance," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(01), July.
  22. Nimon, R. Wesley & Mishra, Ashok K., 2001. "Revenue Insurance and Chemical Input Use Rates," 2001 Annual meeting, August 5-8, Chicago, IL 20669, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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