The DOI matches its Crossref record; 26 of the 26 references it cites were found in a registry or an index.
Index Insurance for Developing Countries
Abstract
Unlike conventional insurance, which indemnifies policyholders for verifiable production losses arising from multiple perils, index insurance indemnifies policyholders based on the observed value of a specified “index” or some other closely related variable that is highly correlated with losses. Index insurance exhibits lower transaction costs than conventional insurance, potentially making it more affordable to the poor in the developing world. However, it also offers less effective individual risk protection. This article provides a review of recent theoretical and empirical research on index insurance for developing countries and summarizes lessons learned from index insurance projects implemented in the developing world since 2000.
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Citations
Cites
The Market for "Lemons": Quality Uncertainty and the Market Mechanism
Akerlof, G. A. (1970) · The Quarterly Journal of Economics · doi:10.2307/1879431 · Cited by 23,016
Moral Hazard and Observability
Holmstrom, B. (1979) · The Bell Journal of Economics · doi:10.2307/3003320 · Cited by 8,311
Risk and Insurance in Village India
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Informal Insurance Arrangements with Limited Commitment: Theory and Evidence from Village Economies
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Reciprocity without commitment
Coate, S., & Ravallion, M. (1993) · Journal of Development Economics · doi:10.1016/0304-3878(93)90102-s · Cited by 651
Insurance, credit, and technology adoption: Field experimental evidencefrom Malawi
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Patterns of Rainfall Insurance Participation in Rural India
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Applied Computational Economics and Finance
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Metadata
- Authors
- Miranda, M. J., & Farrin, K.
- Venue
- Applied Economic Perspectives and Policy
- Publisher
- Wiley
- Published
- 2012-09
- Volume
- 34
- Issue
- 3
- Pages
- 391-427
- ISSN
- 2040-5790 (ISSN-L)
- 2040-5804
- OpenAlex
- W2037023734
- Cited by
- 310
- References
- 26
- Type
- paratext
- Language
- en
- Open access
- closed
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