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Cited by 244

The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.

Insurability and Moral Hazard in Agricultural Insurance Markets

Chambers, Robert G.·1989·American Journal of Agricultural Economics

Abstract

Pareto‐optimal and constrained Pareto‐optimal all‐risk insurance contracts are studied. Conditions required for emergence of competitive insurance markets are isolated and discussed. Full insurance contracts are shown to be dominated by contracts involving coinsurance and deductibles if insurers are pseudo‐risk averse. The effect of moral hazard on all‐risk agricultural insurance indemnity schedules is examined. Results for indemnity schedules under moral hazard and constant absolute risk aversion show that providing farmers with the incentives to take appropriate actions may imply lower deductibles in the presence of moral hazard than in the absence of moral hazard.

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Metadata

Authors
Chambers, R. G.
Venue
American Journal of Agricultural Economics
Publisher
Wiley
Published
1989-08
Volume
71
Issue
3
Pages
604-616
ISSN
  • 0002-9092 (ISSN-L)
  • 1467-8276
OpenAlex
W2077569034
Cited by
244
References
1
FWCI
3.63
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Insurability and Moral Hazard in Agricultural Insurance Markets. https://app.cochat.ai/papers/10.2307/1242016
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Chambers, R. G. (1989). Insurability and Moral Hazard in Agricultural Insurance Markets. American Journal of Agricultural Economics. https://doi.org/10.2307/1242016

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.