In this paper, we present a novel way to understand the low uptake of index insurance using the interlinked concepts of ambiguity and compound lottery aversion.
This paper measures the impacts of perceived risk reduction and objective risk reduction at the individual level using two instrumental variable strategies. The results show that households who felt insured increased their area in cotton by more than 60%.
This presentation took place in University of California Davis, United States describing joint liability creating tensions between cotton cooperatives and villages in Mali.
This paper discusses an innovative index insurance contract the research team developed for Malian cotton producers, whose harvests are highly variable.
L’article présent résume le travail réalisé par Michael Carter, Rachid Laajaj et Andres Moya avec l’aide de Catherine Guirkinger et Ombeline De Bock, qui ont envisagé deux types d’indices : l’indice climatique et l’indice basé sur les rendements moyens.
