Agricultural Insurance as an Environmental Policy Tool

dc.creatorCoble, Keith H.
dc.creatorHanson, Terrill R.
dc.creatorMiller, J. Corey
dc.creatorShaik, Saleem
dc.date2017-04-01T13:57:00Z
dc.date.accessioned2026-07-09T04:32:12Z
dc.descriptionThis paper examines the possibility that insurance for row crops, livestock, and aquaculture can be used effectively to encourage producers to adopt practices that will improve environmental behavior. Examples of agricultural environmental insurance are provided and considered in the context of alternative policy mechanisms. The current state of agricultural insurance and the nonagricultural environmental insurance market are explored. We also lay out the characteristics of an insurable risk along with the theoretical basis of insurance provision. An empirical example of an environmental insurance design is provided, and the behavioral implications of such a design are examined. Finally, we discuss important considerations that should be evaluated when considering an attempt to implement an agricultural insurance program directed at environmental behavior.
dc.identifierdoi:10.22004/ag.econ.43214
dc.identifierhttps://ageconsearch.umn.edu/record/43214/files/Coble%20JAAE%20August%202003.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/43214
dc.identifier.urihttp://hdl.handle.net/123456789/551339
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/43214
dc.titleAgricultural Insurance as an Environmental Policy Tool
dc.typeText

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