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• W2045796517 abstract "Purpose Malting barley is an important specialty crop in the Northern Plains and growers mitigate risk with federally subsidized crop insurance and production contracts. The purpose of this paper is to quantify risks growers face due to “coverage gaps” in crop insurance that result in uncertain indemnity payments when their crop does not meet contract specifications. Design/methodology/approach A stochastic dominance model is developed to evaluate alternative strategies for growers with differing risk attitudes and production practices (irrigation vs dryland). Findings The results illustrate how alternative crop insurance provisions affect efficient choice sets for growers. Risk premiums for irrigated growers all point to valuations favoring more coverage, contracts, and malting option B. As the crop insurance industry matures in the functions it performs, it will become increasingly more important to address quality attributes. Originality/value This paper addresses quality issues and coverage gaps in crop insurance provisions." @default.
• W2045796517 created "2016-06-24" @default.
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• W2045796517 date "2009-05-08" @default.
• W2045796517 modified "2023-09-25" @default.
• W2045796517 title "Crop insurance in malting barley: a stochastic dominance analysis" @default.
• W2045796517 cites W1992422704 @default.
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• W2045796517 doi "https://doi.org/10.1108/00021460910960499" @default.
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