This study uses economic approaches and the case of the index based livestock insurance (IBLI) product in Kenya to compare the quality of insurance products developed from a variety of satellite -based indices, all of which have either been proposed or are/have been used by insurance or insurance-like products in the region.
This paper investigates asset insurance into a theoretical poverty trap model to evaluate the aggregate impact of insurance access on chronic and transitory poverty. The research team uses dynamic stochastic programming methods to decompose two mechanisms through which a competitive asset insurance market might alter long-term poverty dynamics.
While index insurance offers a compelling solution to the problem of covariant risk among smallholder farmers in developing countries, most weather based contracts suffer from poor quality due to a low correlation between the index and farmer losses. This paper proposes and analyzes an alternative index insurance contract, which combines a satellite based index with the potential for a second-stage audit.
This presentation took place at Nairobi, Kenya on February 8, 2017, and describes how CIMMYT research on hybrid adoption in Kenya distinguishes maize breeding at targeted high elevations.
This presentation took place in Nairobi, Kenya on February 8, 2017, and describes how technology bundles and different soil technologies interact and complement each other.
To cope with shocks, poor households with inadequate access to financial markets can sell assets to smooth consumption and ,or reduce consumption to protect assets. Utilizing data from an RCT in Kenya, this paper estimates that on average an innovative microinsurance scheme reduces both forms of costly coping.
This presentation took place at the University of California, Davis on January 23, 2017 describing seed and insurance technology risk management in West Africa.
This presentation is based on the AMA Innovation Lab project, Savings, Subsidies and Sustainable Food Security: A Field Experiment in Mozambique. This research seeks to shed light on using a field fertilizer experiment among farmers in rural Mozambique.
Even when aid is regularized into cash assistance programs, an important question to ask is if there are potentially more cost-effective methods of addressing the problem by treating the causes, rather than its symptoms. This presentation is based on the AMA Innovation Lab projects for the Engaging Universities to End Global Poverty and Hunger Workshop.
In discussing the paradoxical violation of expected utility theory that now bears his name, Maurice Allais noted that people tend to “greatly value,” or overweight, outcomes that are certain. Digging deeper, the Principal Investigator draws on the more recent work of Andreoni and Sprenger on a Discontinuous Preference for Certainty and show that that impact of the rebate framing on willingness to pay for insurance is driven by individuals who exhibit a well defined discontinuous preference for certainty.
