Weather-Based Adverse Selection and the U.S. Crop Insurance Program: The Private Insurance Company Perspective
Surprisingly, investigations of adverse selection have focused only on farmers. Conversely, this article investigates if insurance companies, not farmers, can generate excess rents from adverse selection activities. Currently political forces fashioning crop insurance as the cornerstone of U.S. agri...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Western Agricultural Economics Association
2000-12-01
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Series: | Journal of Agricultural and Resource Economics |
Subjects: | |
Online Access: | https://ageconsearch.umn.edu/record/30907 |