Weather indices for designing micro-insurance products for small-holder farmers in the tropics
Agriculture is inherently risky. Drought is a particularly troublesome hazard that has a documented adverse impact on agricultural development. A long history of decision-support tools have been developed to try and help farmers or policy makers manage risk. We offer site-specific drought insurance...
| Main Authors: | , , , , |
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| Format: | Journal Article |
| Published: |
Public Library of Science
2012
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| Online Access: | http://hdl.handle.net/20.500.11937/13390 |
| _version_ | 1848748335131787264 |
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| author | Nieto, J. Fisher, M. Cook, Simon Läderach, P. Lundy, M. |
| author_facet | Nieto, J. Fisher, M. Cook, Simon Läderach, P. Lundy, M. |
| author_sort | Nieto, J. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Agriculture is inherently risky. Drought is a particularly troublesome hazard that has a documented adverse impact on agricultural development. A long history of decision-support tools have been developed to try and help farmers or policy makers manage risk. We offer site-specific drought insurance methodology as a significant addition to this process. Drought insurance works by encapsulating the best available scientific estimate of drought probability and severity at a site within a single number- the insurance premium, which is offered by insurers to insurable parties in a transparent risk-sharing agreement. The proposed method is demonstrated in a case study for dry beans in Nicaragua. © 2012 Díaz Nieto et al. |
| first_indexed | 2025-11-14T07:03:24Z |
| format | Journal Article |
| id | curtin-20.500.11937-13390 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T07:03:24Z |
| publishDate | 2012 |
| publisher | Public Library of Science |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-133902017-09-13T14:56:51Z Weather indices for designing micro-insurance products for small-holder farmers in the tropics Nieto, J. Fisher, M. Cook, Simon Läderach, P. Lundy, M. Agriculture is inherently risky. Drought is a particularly troublesome hazard that has a documented adverse impact on agricultural development. A long history of decision-support tools have been developed to try and help farmers or policy makers manage risk. We offer site-specific drought insurance methodology as a significant addition to this process. Drought insurance works by encapsulating the best available scientific estimate of drought probability and severity at a site within a single number- the insurance premium, which is offered by insurers to insurable parties in a transparent risk-sharing agreement. The proposed method is demonstrated in a case study for dry beans in Nicaragua. © 2012 Díaz Nieto et al. 2012 Journal Article http://hdl.handle.net/20.500.11937/13390 10.1371/journal.pone.0038281 Public Library of Science unknown |
| spellingShingle | Nieto, J. Fisher, M. Cook, Simon Läderach, P. Lundy, M. Weather indices for designing micro-insurance products for small-holder farmers in the tropics |
| title | Weather indices for designing micro-insurance products for small-holder farmers in the tropics |
| title_full | Weather indices for designing micro-insurance products for small-holder farmers in the tropics |
| title_fullStr | Weather indices for designing micro-insurance products for small-holder farmers in the tropics |
| title_full_unstemmed | Weather indices for designing micro-insurance products for small-holder farmers in the tropics |
| title_short | Weather indices for designing micro-insurance products for small-holder farmers in the tropics |
| title_sort | weather indices for designing micro-insurance products for small-holder farmers in the tropics |
| url | http://hdl.handle.net/20.500.11937/13390 |