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    Analysis of economic incentives for managing risk at the farm level in the context of climate change

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    Authors
    Barton, D.N.
    Kakumanu KR
    Palanisami K
    Tirupathaiah K
    Date
    2012
    Language
    en
    Type
    Book Chapter
    Accessibility
    Limited Access
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    Citation
    Barton DN, Kakumanu KR, Palanisami K, Tirupathaiah K. 2012. Analysis of economic incentives for managing risk at the farm level in the context of climate change. In: Nagothu US, Gosain AK, Palanisami K, eds. Water and climate change: an integrated approach to address adaptation challenges. New Delhi, India: Macmillan. p 143-168.
    Permanent link to cite or share this item: http://hdl.handle.net/10568/34912
    Abstract/Description
    Weather indexed crop insurance has the potential of offering risk management to high-risk populations in poor areas, by lowering transaction costs of managing contracts and payouts, thereby offering affordable insurance even to poor farmers. Lower transaction costs relative to multiperil yield-based insurance, can be achieved through use of local weather data, rather than on-farm crop cutting experiments, that lowers verification costs, while maintaining, or even lowering basic risk.
    CGIAR Affiliations
    Climate Change, Agriculture and Food Security
    AGROVOC Keywords
    AGRICULTURE; CLIMATE; RISK MANAGEMENT
    Subjects
    CLIMATE SERVICES AND SAFETY NETS;
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    • CCAFS Books [132]

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