Construct · 1 fields · 1 citations

weather index insurance: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
weather indexinsurance1 CONSTRUCTWeather index insuranceBARNETT · AGRICULTURAL

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Agricultural economics

insurance that pays farmers when a measured weather index such as rainfall crosses a threshold, instead of after assessing each farm's loss.

In agricultural economics, weather index insurance refers to insurance that pays farmers when a measured weather index such as rainfall crosses a threshold, instead of after assessing each farm's loss. This meaning comes from Barnett (2007) in American Journal of Agricultural Economics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

basis risk1 fields · 1 citationsanchor · a standalone constructindex5 fields · 11 citationsjingle · one word, five constructsloss2 fields · 3 citationsjingle · one word, two constructs

References

  1. Barnett, B. J., & Mahul, O. (2007). Weather Index Insurance for Agriculture and Rural Areas in Lower‐Income Countries. American Journal of Agricultural Economics, 89(5), 1241-1247. https://doi.org/10.1111/j.1467-8276.2007.01091.x

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