ifpridp00974 21 |
Save page Remove page | Previous | 21 of 40 | Next |
|
small (250x250 max)
medium (500x500 max)
Large
Extra Large
large ( > 500x500)
Full Resolution
All (PDF)
|
This page
All
|
Object Description
| Rating | |
| Title | An experiment on the impact of weather shocks and insurance on risky investment |
| Author |
Hill, Ruth Vargas Viceisza, Angelino |
| Year | 2010 |
| Abstract | We conduct a framed field experiment in rural Ethiopia to test the seminal hypothesis that insurance provision induces farmers to take greater, yet profitable, risks. Farmers participated in a game protocol in which they were asked to make a simple decision: whether to purchase fertilizer, and if so, how many bags. The return to fertilizer was dependent on a stochastic weather draw made in each round of the game protocol. In later rounds of the game protocol, a random selection of farmers made this decision in the presence of a stylized weather-index insurance contract. Insurance was found to have some positive effect on fertilizer purchases. Purchases were also found to depend on the realization of the weather in the previous round. We explore the mechanisms of this relationship and find that it may be the result of both changes in wealth weather brings about and changes in perceptions of the costs and benefits of fertilizer purchases. |
| Series Name | IFPRI Discussion Paper |
| Series Number | 974 |
| Publisher | International Food Policy Research Institute (IFPRI) |
| Place of publication | Washington, D.C. |
| Language | English |
| Record Type | Discussion paper |
| Peer Reviewed - PR or Non-PR | Non-PR |
| Subject - country location |
ETHIOPIA EAST AFRICA AFRICA SOUTH OF SAHARA AFRICA |
| Subject - keywords |
Insurance input response field experiment hypothesis fertilizer purchases uncertainty investment response |
| IFPRI Descriptors | IFPRI1 |
| IFPRI Division | MTID |
| Access Rights | Open Access |
| Related Documents | Journal Article: http://ebrary.ifpri.org/cdm/ref/collection/p15738coll5/id/171 |
| LOC call number | IFPRIDP00974 |
| Physical description | 30 pages |
| IFPRI Web link | http://ebrary.ifpri.org/cdm/ref/collection/p15738coll2/id/1325 |
| Times cited-- Google Scholar | http://scholar.google.com/scholar?as_q=&as_epq=An+experiment+on+the+impact+of+weather+shocks+and+insurance+on+risky+investment&as_oq=&as_eq=&as_occt=title&as_sauthors=&as_publication=&as_ylo=&as_yhi=&btnG=&hl=en&as_sdt=0%2C9 |
| RePEc Downloads | https://ideas.repec.org/p/fpr/ifprid/974.html |
| Requests | mailto:ifpri-library@cgiar.org |
| CONTENTdm file name | 1326.cpd |
| Date cataloged | 2017-08-08 |
| Date modified | 2017-08-08 |
| OCLC number | 778451981 |
| CONTENTdm number | 1325 |
Description
| Title | ifpridp00974 21 |
| Access Rights | Open Access |
| CONTENTdm file name | 1306.pdfpage |
| Date cataloged | 2017-08-08 |
| Date modified | 2017-08-08 |
| CONTENTdm number | 1305 |
Tags
Comments
Post a Comment for ifpridp00974 21
