Basis risk reduction in weather index insurance for rice production in North-West Malaysia
Weather index insurance allows small-scale farmers to secure income fluctuations caused by adverse weather conditions. However, basis risk, which occurs when the insurance-triggering weather index poorly correlates with the actual yield losses, hinders the demand for such insurance. A higher yield a...
| Main Authors: | , , , |
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| Format: | Article |
| Published: |
Springer Science and Business Media Deutschland GmbH
2024
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| Online Access: | http://psasir.upm.edu.my/id/eprint/115010/ |