Behavioral insurance and economic theory: A literature review

GW Harrison, JM Ng - Risk Management and Insurance Review, 2019 - Wiley Online Library
Decisions to purchase insurance should be a perfect place to see economic theory at work
in general, and behavioral economics at work in particular. We have well‐developed …

Map** in the topic of mathematical model in Paddy agricultural insurance based on bibliometric analysis: a systematic review approach

Riaman, Sukono, S Supian, N Ismail - Computation, 2022 - mdpi.com
Bibliometric analysis is the quantitative study of bibliographic material. In this paper, a
systematic review of papers, authors, and journals is carried out. This is necessary to …

Managing weather risk with a neural network-based index insurance

Z Chen, Y Lu, J Zhang, W Zhu - Management Science, 2024 - pubsonline.informs.org
Weather risk affects the economy, agricultural production in particular. Index insurance is a
promising tool to hedge against weather risk, but current piecewise-linear index insurance …

A generalized framework for designing open-source natural hazard parametric insurance

CB Steinmann, BP Guillod, C Fairless… - Environment Systems and …, 2023 - Springer
Parametric insurance schemes allow for payouts to be triggered by real-time hydro-
/meteorological parameters instead of waiting for damage assessments, which means they …

Index Insurance for Forage, Pasture, and Rangeland: A Review of Developed (USA and Canada) and Develo** (Kenya and Ethiopia) Countries

S Maina, M Miller, GL Torell, N Hanan, J Anchang… - Sustainability, 2024 - mdpi.com
Index insurance for forage, pasture, and rangeland has gained ground in policy and
academic circles. Stakeholders promote it as an innovative risk management tool for …

Plant growth stages and weather index insurance design

J Zou, M Odening, O Okhrin - Annals of Actuarial Science, 2023 - cambridge.org
Given the assumption that weather risks affect crop yields, we designed a weather index
insurance product for soybean producers in the US state of Illinois. By separating the entire …

Epidemic financing facilities: Pandemic bonds and endemic swaps

S Huang, KS Tan, J Zhang, W Zhu - North American Actuarial …, 2024 - Taylor & Francis
The COVID-19 pandemic has had a with severe human toll and catastrophic economic
losses and has also heightened the need for more effective solutions for managing epidemic …

Blended insurance scheme: A synergistic conventional-index insurance mixture

J Zhang - Insurance: Mathematics and Economics, 2024 - Elsevier
Conventional indemnity-based insurance (“conventional insurance”) and index-based
insurance (“index insurance”) represent two primary insurance types, each harboring distinct …

Optimal index insurance and basis risk decomposition: an application to Kenya

M Stigler, D Lobell - American Journal of Agricultural …, 2024 - Wiley Online Library
Index insurance is a promising tool to reduce the risk faced by farmers, but high basis risk,
which arises from imperfect correlation between the index and individual farm yields, has …

Hydrological Drought-Indexed Insurance for Irrigated Agriculture in a Highly Regulated System

MA Valenzuela-Mahecha, M Pulido-Velazquez… - Agronomy, 2022 - mdpi.com
Water scarcity is an increasingly recurring problem for irrigated agriculture in Mediterranean
regions. It is, therefore, necessary to establish technical and financial measures to enable …