A non-parametric approach to determine an efficient premium for drought insurance

Insurance to deal with prolonged drought periods in rural Africa requires a practical method to estimate accurate premium values that minimize economic losses. We use non-parametric methods to determine the risk non-neutral insurer’s premium for drought insurance on rain-fed crops. Premium values a...

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Bibliographic Details
Main Authors: Manitra A. Rakotoarisoa, Harry P. Mapp
Format: Article
Language:English
Published: The Academic Research and Publishing UG (i. G.) (AR&P) LLC 2023-03-01
Series:SocioEconomic Challenges
Subjects:
Online Access:https://armgpublishing.com/wp-content/uploads/2023/04/1_SEC_1_2023-2.pdf