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Production under uncertainty with insurance or hedging

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  • Hau, Arthur

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  • Hau, Arthur, 2006. "Production under uncertainty with insurance or hedging," Insurance: Mathematics and Economics, Elsevier, vol. 38(2), pages 347-359, April.
    • Handle: RePEc:eee:insuma:v:38:y:2006:i:2:p:347-359
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    1. Chad E. Hart & Bruce A. Babcock & Dermot J. Hayes, 2001. "Livestock Revenue Insurance," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 21(6), pages 553-580, June.
    2. Olivier Mahul, 2001. "Optimal Insurance Against Climatic Experience," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(3), pages 593-604.
    3. Machnes, Yaffa, 1995. "Deductible insurance and production," Insurance: Mathematics and Economics, Elsevier, vol. 17(2), pages 119-123, October.
    4. Kimball, Miles S, 1990. "Precautionary Saving in the Small and in the Large," Econometrica, Econometric Society, vol. 58(1), pages 53-73, January.
    5. MOSSIN, Jan, 1968. "Aspects of rational insurance purchasing," LIDAM Reprints CORE 23, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    6. Machnes, Yaffa, 1992. "Production decisions in the presence of options," International Review of Economics & Finance, Elsevier, vol. 1(4), pages 341-345.
    7. Susan Athey, 2002. "Monotone Comparative Statics under Uncertainty," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(1), pages 187-223.
    8. Eeckhoudt, Louis & Hansen, Pierre, 1980. "Minimum and Maximum Prices, Uncertainty, and the Theory of the Competitive Firm," American Economic Review, American Economic Association, vol. 70(5), pages 1064-1068, December.
    9. Black, Jane M & Bulkley, I George, 1989. "A Ratio Criterion for Signing the Effects of an Increase in Uncertainty," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 30(1), pages 119-130, February.
    10. Meyer, Jack & Ormiston, Michael B, 1985. "Strong Increases in Risk and Their Comparative Statics," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 26(2), pages 425-437, June.
    11. Wong, Kit Pong, 2002. "Production decisions in the presence of options: A note," International Review of Economics & Finance, Elsevier, vol. 11(1), pages 17-25, April.
    12. Gollier, Christian, 1996. "Deductible insurance and production: A comment," Insurance: Mathematics and Economics, Elsevier, vol. 19(1), pages 55-59, December.
    13. Bharat Ramaswami, 1993. "Supply Response to Agricultural Insurance: Risk Reduction and Moral Hazard Effects," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(4), pages 914-925.
    14. Olivier Mahul & Dominique Vermersch, 2000. "Hedging crop risk with yield insurance futures and options [Contrats à terme et options comme couverture de risques sur récoltes]," Post-Print hal-02690691, HAL.
    15. I Mahul & D Vermersch, 2000. "Hedging crop risk with yield insurance futures and options," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 27(2), pages 109-126, June.
    16. Arthur Hau, 2001. "A General Theorem on the Comparative Statics of Changes in Risk," The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 26(1), pages 25-41, June.
    17. Gollier Christian, 1995. "The Comparative Statics of Changes in Risk Revisited," Journal of Economic Theory, Elsevier, vol. 66(2), pages 522-535, August.
    18. Hayne E. Leland, 1968. "Saving and Uncertainty: The Precautionary Demand for Saving," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 82(3), pages 465-473.
    19. Olivier Mahul, 2001. "Optimal insurance against climatic experience," Post-Print hal-01952102, HAL.
    20. Yaffa Machnes & Kit Pong Wong, 2003. "A Note on Deductible Insurance and Production," The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 28(1), pages 73-80, June.
    21. Dionne, Georges & Eeckhoudt, Louis & Gollier, Christian, 1993. "Relatively weak increases in risk and their comparative statics," Economics Letters, Elsevier, vol. 41(3), pages 269-272.
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    Cited by:

    1. Wong, Kit Pong, 2012. "Production and insurance under regret aversion," Economic Modelling, Elsevier, vol. 29(4), pages 1154-1160.
    2. Alessandro BANTERLE & Daniela VANDONE, 2013. "Price volatility and risk management: the case of rice," Departmental Working Papers 2013-08, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    3. Alessandro Banterle & Daniela Vandone, 2019. "Price volatility and risk management: The case of rice in the EU," Economia agro-alimentare, FrancoAngeli Editore, vol. 21(2), pages 255-274.
    4. Raja Chakir & Julien Hardelin, 2010. "Crop Insurance and Pesticides in French agriculture: an empirical analysis of multiple risks management," Working Papers 2010/04, INRA, Economie Publique.
    5. Kumar, Anjani & Saroj, Sunil & Mishra, Ashok, 2021. "Crop Insurance and Rice Productivity: Evidence from Eastern India," 2021 Conference, August 17-31, 2021, Virtual 315068, International Association of Agricultural Economists.
    6. Pierre-Emmanuel Darpeix, 2019. "Literature review on the consequences of food price spikes and price volatility," PSE Working Papers hal-02072329, HAL.
    7. Pierre-Emmanuel Darpeix, 2019. "Literature review on the consequences of food price spikes and price volatility," Working Papers hal-02072329, HAL.

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