Insurance services and financial compensation are regarded for the consequences of events that may happen or not.Farmers and stakeholders can be benefited from the agricultural and natural resources insurance so that they can attain much more stability in resources management, especially through mitigating the effects of potential and imminent risks. The current research was aimed to determine ...

the aim of this study was to investigate the factors affecting timely repayment of agricultural loans in fars province. the necessary data was obtained from agricultural bank as well as through 163 questionnaires, filled out in fars-province. the farmers were divided in to timely repayment and defaulter groups while standard tobit model being used for the study. the dependent variable in this m...

A partial equilibrium model of stochastic crop production is used to analyze the impacts of subsidized crop insurance on the extensive margin of agricultural production. It is shown that land use is unchanged only when an actuarially fair, perfectly separating insurance contract is offered. For actuarially fair, pooling equilibrium contracts, however, land with a minimum quality that is strictl...

A sample survey of 74 commercial dairy farmers was conducted between November 2002 and February 2003 in three Zobatat (zones) of Eritrea to identify factors that affect the adoption of livestock insurance. The results of a logit model indicate that formal education of the farmer and the farmer’s awareness of livestock insurance increase the probability of insurance adoption, whereas farming exp...

This study examines the determination of rainfall-based agricultural insurance premium prices using Black-Scholes model. The model was originally used to determine price European-type options. research method is a literature with secondary data collection. in this are rainfall and rice production results city Malang from 2015 2020. Based on discussion, which strongly correlated quarter 2. obtai...