THE POSSIBILITY OF A PRIVATE CROP INSURANCE MARKET: THE THEORETICAL FOUNDATIONS

dc.creatorKrogmeier, Joseph L.
dc.creatorWang, H. Holly
dc.date2017-04-01T14:45:21Z
dc.date.accessioned2026-07-09T03:33:22Z
dc.descriptionThe theoretical foundation for risk pooling in insurance has heavily depend on the independence assumption of losses, which is severely violated in crop insurance. A weaker condition, asymptotic nonpositive correlation can also lead to risk pooling and is satisfied by yield losses. Therefore, private insurance and reinsurance markets may work.
dc.identifierdoi:10.22004/ag.econ.20902
dc.identifierhttps://ageconsearch.umn.edu/record/20902/files/spkrog01.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/20902
dc.identifier.urihttp://hdl.handle.net/123456789/535032
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/20902
dc.titleTHE POSSIBILITY OF A PRIVATE CROP INSURANCE MARKET: THE THEORETICAL FOUNDATIONS
dc.typeText

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