Improving Index-Based Drought Insurance in Varying Topography: Evaluating Basis Risk Based on Perceptions of Nicaraguan Hillside Farmers

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Improving Index-Based Drought Insurance in Varying Topography: Evaluating Basis Risk Based on Perceptions of Nicaraguan Hillside Farmers

This paper discusses a methodology to model precipitation indices and premium prices for index-based drought insurance for smallholders. Spatial basis risk, which is borne by the insured, is a problem, especially in variable topography. Also, site-specific drought risk needs to be estimated accurate...

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Bibliographic Details
Main Authors:	Kost, A., Läderach, P., Fisher, M., Cook, Simon, Gómez, L.
Format:	Journal Article
Published:	Public Library of Science 2012
Online Access:	http://hdl.handle.net/20.500.11937/52891

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