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Use of Normal-Curve Theory in Crop Insurance Ratemaking

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  • Ralph R. Botts
  • James N. Boles

Abstract

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Suggested Citation

  • Ralph R. Botts & James N. Boles, 1958. "Use of Normal-Curve Theory in Crop Insurance Ratemaking," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 40(3), pages 733-740.
  • Handle: RePEc:oup:ajagec:v:40:y:1958:i:3:p:733-740.
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    File URL: http://hdl.handle.net/10.2307/1235383
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    Citations

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    Cited by:

    1. Francis Tsiboe & Jesse Tack, 2022. "Utilizing Topographic and Soil Features to Improve Rating for Farmā€Level Insurance Products," American Journal of Agricultural Economics, John Wiley & Sons, vol. 104(1), pages 52-69, January.
    2. Nelson, Carl, 1986. "A Parametric Model of Stochastic Production," 1986 Annual Meeting, July 27-30, Reno, Nevada 278108, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Patrlck, George F., 1988. "Mallee Wheat Farmers' Demand For Crop And Rainfall Insurance," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 32(1), pages 1-13, April.
    4. Qiujie Zheng & H. Holly Wang & Qing Hua Shi, 2014. "Estimating bivariate yield distributions and crop insurance premiums using nonparametric methods," Applied Economics, Taylor & Francis Journals, vol. 46(18), pages 2108-2118, June.
    5. Tor N. Tolhurst & Alan P. Ker, 2015. "On Technological Change in Crop Yields," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 97(1), pages 137-158.
    6. Liang, Weifang & Liu, Yong, 2023. "Rating Crop Insurance Contracts with Model Stacking of Gaussian Processes," 2023 Annual Meeting, July 23-25, Washington D.C. 335759, Agricultural and Applied Economics Association.
    7. Dudek, Daniel J. & Allen, P. Geoffrey, 1984. "Estimating Crop Yield Insurance Premium Rates," Journal of the Northeastern Agricultural Economics Council, Northeastern Agricultural and Resource Economics Association, vol. 13(1), pages 1-9, April.
    8. Vitor A. Ozaki & Sujit K. Ghosh & Barry K. Goodwin & Ricardo Shirota, 2008. "Spatio-Temporal Modeling of Agricultural Yield Data with an Application to Pricing Crop Insurance Contracts," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 90(4), pages 951-961.
    9. Richards, Timothy J., 2000. "A Two-Stage Model Of The Demand For Specialty Crop Insurance," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 25(1), pages 1-18, July.
    10. Offutt, Susan E. & Smith, Dennis W., 1985. "The Distribution of Farm Program Benefits: An Alternative Strategy," 1985 Annual Meeting, August 4-7, Ames, Iowa 278523, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    11. Richards, Timothy J. & Manfredo, Mark R., 2003. "Infrequent Shocks and Rating Revenue Insurance: A Contingent Claims Approach," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 28(2), pages 1-19, August.
    12. Dudek, Daniel J. & Allen, P. Geoffrey, 1984. "Estimating Crop Yield Insurance Premium Rates," Journal of the Northeastern Agricultural Economics Council, Northeastern Agricultural and Resource Economics Association, vol. 0(Number 1), pages 1-9, April.
    13. Jing Wang & Feng Fang & Qiang Zhang & Jinsong Wang & Yubi Yao & Wei Wang, 2016. "Risk evaluation of agricultural disaster impacts on food production in southern China by probability density method," 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. 83(3), pages 1605-1634, September.
    14. A Ford Ramsey, 2020. "Probability Distributions of Crop Yields: A Bayesian Spatial Quantile Regression Approach," American Journal of Agricultural Economics, John Wiley & Sons, vol. 102(1), pages 220-239, January.
    15. Ying-Erh Chen & Barry K Goodwin, 2015. "Policy Design of Multi-Year Crop Insurance Contracts with Partial Payments," PLOS ONE, Public Library of Science, vol. 10(12), pages 1-15, December.

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