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