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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. Bardsley, Peter, 1986. "A Note On The Viability Of Rainfall Insurance - Reply," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, Australian Agricultural and Resource Economics Society, vol. 30(01), April.
  2. Machina, Mark J, 1982. ""Expected Utility" Analysis without the Independence Axiom," Econometrica, Econometric Society, Econometric Society, vol. 50(2), pages 277-323, March.
  3. Quiggin, John, 1982. "A theory of anticipated utility," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 3(4), pages 323-343, December.
  4. Quiggin, John, 1991. " Comparative Statics for Rank-Dependent Expected Utility Theory," Journal of Risk and Uncertainty, Springer, Springer, vol. 4(4), pages 339-50, December.
  5. Peter Bardsley & Arun Abey & Scott V. Davenport, 1984. "The Economics Of Insuring Crops Against Drought," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, Australian Agricultural and Resource Economics Society, vol. 28(1), pages 1-14, 04.
  6. Pope, Rulon D. & Just, Richard E., 1977. "On The Competitive Firm Under Production Uncertainty," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, Australian Agricultural and Resource Economics Society, vol. 21(02), August.
  7. John C. Quiggin, 1986. "A Note On The Viability Of Rainfall Insurance," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, Australian Agricultural and Resource Economics Society, vol. 30(1), pages 63-69, 04.
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Cited by:
  1. 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, United States Department of Agriculture, Economic Research Service 33591, United States Department of Agriculture, Economic Research Service.
  2. 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, Western Agricultural Economics Association 36649, Western Agricultural Economics Association.
  3. Michael Hoy & Adeyemi Esuola & Zahirul Islam & Calum G. Turvey, 2007. "Evaluating the Effects of Asymmetric Information in a Model of Crop Insurance," Working Papers, University of Guelph, Department of Economics and Finance 0706, University of Guelph, Department of Economics and Finance.
  4. 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, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) 21795, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  5. 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, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) 20670, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  6. Becker, N., 1999. "A comparative analysis of water price support versus drought compensation scheme," Agricultural Economics: The Journal of the International Association of Agricultural Economists, International Association of Agricultural Economists, International Association of Agricultural Economists, vol. 21(1), August.
  7. Barnett, Barry J., 2004. "Agricultural Index Insurance Products: Strengths And Limitations," Agricultural Outlook Forum 2004, United States Department of Agriculture, Agricultural Outlook Forum 32971, United States Department of Agriculture, Agricultural Outlook Forum.
  8. Coyle, Barry T. & Wei, Ran & Rude, James, 2008. "Dynamic Econometric Models of Manitoba Crop Production and Hypothetical Production Impacts for CAIS," Working Papers, Canadian Agricultural Trade Policy Research Network 46630, Canadian Agricultural Trade Policy Research Network.
  9. 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, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) 19983, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  10. 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, Western Agricultural Economics Association 35847, Western Agricultural Economics Association.
  11. Colson, Gregory & Fu, Shengfei & Ramirez, Octavio A., 2012. "Crop Insurance Savings Accounts," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington, Agricultural and Applied Economics Association 124739, Agricultural and Applied Economics Association.
  12. Vitor Ozaki, 2009. "Pricing farm-level agricultural insurance: a Bayesian approach," Empirical Economics, Springer, Springer, vol. 36(2), pages 231-242, May.
  13. 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, Western Agricultural Economics Association, vol. 26(01), July.
  14. 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, University of Hawaii at Manoa, Department of Economics 201410, University of Hawaii at Manoa, Department of Economics.
  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, School of Economic Sciences, Washington State University 2008-9, School of Economic Sciences, Washington State University.
  16. 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, Western Agricultural Economics Association, vol. 25(02), December.
  17. 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, Southern Agricultural Economics Association 35333, Southern Agricultural 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, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) 19638, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  19. Nimon, R. Wesley & Mishra, Ashok K., 2001. "Revenue Insurance and Chemical Input Use Rates," 2001 Annual meeting, August 5-8, Chicago, IL, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) 20669, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  20. Garrido, Alberto & Zilberman, David, 2007. "Revisiting the demand of agricultural insurance: The case of Spain," 101st Seminar, July 5-6, 2007, Berlin Germany, European Association of Agricultural Economists 9266, European Association of Agricultural Economists.
  21. Shaik, Saleem & Atwood, Joseph A., 2002. "Optional Unit Policy In Crop Insurance," 2002 Annual meeting, July 28-31, Long Beach, CA, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) 19741, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  22. 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, Agricultural and Applied Economics Association 49516, Agricultural and Applied Economics Association.

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