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Exploring farmers’ willingness to pay for crop insurance products: A case of weather-based crop insurance in Punjab India

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  • Aditya, K.S.
  • Kishore, Avinash
  • Khan, Tajuddin

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  • Aditya, K.S. & Kishore, Avinash & Khan, Tajuddin, 2020. "Exploring farmers’ willingness to pay for crop insurance products: A case of weather-based crop insurance in Punjab India," Agricultural Economics Research Review, Agricultural Economics Research Association (India), vol. 33(2), December.
  • Handle: RePEc:ags:aerrae:310320
    DOI: 10.22004/ag.econ.310320
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    References listed on IDEAS

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    1. Petri Liesivaara & Sami Myyrä, 2014. "Willingness to pay for agricultural crop insurance in the northern EU," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 74(4), pages 539-554, October.
    2. Bruce A. Babcock, 2015. "Using Cumulative Prospect Theory to Explain Anomalous Crop Insurance Coverage Choice," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 97(5), pages 1371-1384.
    3. Carson, Richard T & Flores, Nicholas A, 2000. "Contingent Valuation: Controversies and Evidence," University of California at San Diego, Economics Working Paper Series qt75k752s7, Department of Economics, UC San Diego.
    4. Carter, Michael R. & Galarza, Francisco B. & Boucher, Steve, 2007. "Underwriting Area-based Yield Insurance to Crowd- in Credit Supply Demand," Working Papers 190918, University of California, Davis, Department of Agricultural and Resource Economics.
    5. Kanninen Barbara J., 1995. "Bias in Discrete Response Contingent Valuation," Journal of Environmental Economics and Management, Elsevier, vol. 28(1), pages 114-125, January.
    6. Kiran, Shashi & Umesh, K.B., 2015. "Willingness to Pay for Crop Insurance Premium-A Study on Maize Farmers in India," 2015 Conference, August 9-14, 2015, Milan, Italy 210867, International Association of Agricultural Economists.
    7. Subash, S.P. & Aditya, K.S. & Srinivas, K., 2018. "Willingness to Pay for Participation in Community-Based Programme: A Case of Seed Self-Help Group in Uttar Pradesh," Indian Journal of Agricultural Economics, Indian Society of Agricultural Economics, vol. 73(03), July.
    8. Pratap S. Birthal & Jaweriah Hazrana & Digvijay S. Negi, 2019. "A multilevel analysis of drought risk in Indian agriculture: implications for managing risk at different geographical levels," Climatic Change, Springer, vol. 157(3), pages 499-513, December.
    9. Birthal, Pratap S. & Hazrana, Jaweriah, 2019. "Crop diversification and resilience of agriculture to climatic shocks: Evidence from India," Agricultural Systems, Elsevier, vol. 173(C), pages 345-354.
    10. Birol, Ekin & Phoebe, Koundouri & Yiannis, Kountouris, 2008. "Using the Choice Experiment Method to Inform River Management in Poland: Flood Risk Reduction vs. Habitat Conservation in the Upper Silesia Region," MPRA Paper 41906, University Library of Munich, Germany.
    11. Dugald Tinch & Sergio Colombo & Nick Hanley, 2015. "The Impacts of Elicitation Context on Stated Preferences for Agricultural Landscapes," Journal of Agricultural Economics, Wiley Blackwell, vol. 66(1), pages 87-107, February.
    12. Keith H. Coble & Barry J. Barnett, 2013. "Why Do We Subsidize Crop Insurance?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 95(2), pages 498-504.
    13. Ekin Birol & Phoebe Koundouri, 2008. "Choice Experiments Informing Environmental Policy:A European Perspective," DEOS Working Papers 0801, Athens University of Economics and Business.
    14. Carter, Michael R. & Galarza, Francisco & Boucher, Stephen, 2007. "Underwriting area-based yield insurance to crowd-in credit supply and demand," MPRA Paper 24326, University Library of Munich, Germany.
    15. Ekin Birol & Phoebe Koundouri (ed.), 2008. "Choice Experiments Informing Environmental Policy," Books, Edward Elgar Publishing, number 4102, December.
    16. Richard Carson & Nicholas Flores & Norman Meade, 2001. "Contingent Valuation: Controversies and Evidence," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 19(2), pages 173-210, June.
    17. Babcock, Bruce, 2015. "Using Prospect Theory to Explain Anomalous Crop Insurance Coverage Choice," 2015 Allied Social Sciences Association (ASSA) Annual Meeting, January 3-5, 2015, Boston, Massachusetts 189682, Agricultural and Applied Economics Association.
    18. Chen, Kevin Z. & Hill, Ruth Vargas & Liu, Yanyan & Xiao, Chengwei, 2013. "Borrowing from the insurer: An empirical analysis of demand and impact of insurance in China:," IFPRI discussion papers 1306, International Food Policy Research Institute (IFPRI).
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    1. Md. Shakhawat Hossain, 2025. "Assessing smallholder farmers’ flood risk behavior and their willingness to pay for crop insurance as a risk coping strategy in northern Bangladesh," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 121(4), pages 4191-4217, March.

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