This paper presents preliminary findings from a research project that examines the interaction between informal risk sharing, index insurance and risk-taking. We have randomized rainfall insurance contracts offered to cultivating and landless households in a set of Indian villages where pre-existing census data on caste networks allows us to characterize the nature and extent of informal risk s...

There is no agreement on the pattern of recognition memory deficits characteristic of patients diagnosed with mild cognitive impairment (MCI). Whereas lower performance in recollection is the hallmark of MCI, there is a strong controversy about possible deficits in familiarity estimates when using recognition memory tasks. The aim of this research is to shed light on the pattern of responding i...

Agricultural contracts and crop insurance are important ways for farmers to mitigate risks in modern U.S. agriculture. In this paper, we investigate the effect of crop insurance enrollment on farmers’ participation of marketing contracts. Following Ligon (2003), we setup a mechanism design framework to demonstrate an integrator’s contract design problem where farmers are assumed to be expected ...

Agricultural producers face many risks in their economic activity due to weather conditions, plant or animal diseases, price volatility, policy changes and so on. One of the management tools to deal with some of these risks is the crop insurance system. In Catalonia (North-East of Spain) farmers’ participation in crop insurance for vegetables is low. Only 5 percent of the vegetables area is ins...

Abstract Climate change is an underlying cause of many extreme events such as enormous cyclones and erratic torrential rains. These phenomena threaten farmers in coastal regions Myanmar. Self-insurance through means crop diversification insufficient for sustainable farm management. Weather index insurance (WII) receiving much attention because its low management costs. An optimum WII contract f...

Recognition memory can be supported by the processes of recollection and familiarity. Recollection is recovery of qualitative information about a prior event. Familiarity is a scalar strength signal that permits judgments of prior occurrence. There is vigorous debate about how these processes are conceptualized, how they contribute to memory judgments, and which brain regions support them. One ...

It is now accepted that hippocampal lesions impair episodic memory. However, the precise functional role of the hippocampus in episodic memory remains elusive. Recent functional imaging data implicate the hippocampus in processing novelty, a finding supported by human in vivo recordings and event-related potential studies. Here we measure hippocampal responses to novelty, using functional MRI (...