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Economic Design for the Supply Side of Agricultural Insurance Markets

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  • Bulut, Harun

Abstract

We examine the industry structure of the crop insurance program through the lens of industrial organization theory and develop an analytical framework to evaluate alternative economic design considerations and policy proposals.

Suggested Citation

  • Bulut, Harun, 2016. "Economic Design for the Supply Side of Agricultural Insurance Markets," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236008, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea16:236008
    DOI: 10.22004/ag.econ.236008
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    References listed on IDEAS

    as
    1. Vedenov, Dmitry V. & Miranda, Mario J. & Dismukes, Robert & Glauber, Joseph W., 2006. "Portfolio Allocation and Alternative Structures of the Standard Reinsurance Agreement," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 31(1), pages 1-17, April.
    2. Cabral, Luis M. B., 2000. "Introduction to Industrial Organization," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262032864, April.
    3. Olivier Mahul & Charles J. Stutley, 2010. "Government Support to Agricultural Insurance : Challenges and Options for Developing Countries," World Bank Publications - Books, The World Bank Group, number 2432.
    4. Ronald R. Braeutigam & Mark V. Pauly, 1986. "Cost Function Estimation and Quality Bias: The Regulated Automobile Insurance Industry," RAND Journal of Economics, The RAND Corporation, vol. 17(4), pages 606-617, Winter.
    5. Bousquet, Alain & Cremer, Helmuth & Ivaldi, Marc & Wolkowicz, Michel, 1998. "Risk sharing in licensing," International Journal of Industrial Organization, Elsevier, vol. 16(5), pages 535-554, September.
    6. Bulut, Harun & Koray, Semih, 2008. "Competition and Regulation via Supply and Demand Functions in Oligopolistic-Oligopsonistic Markets," Working Papers 6136, Iowa State University, Department of Economics.
    7. Collins, Keith J. & Bulut, Harun, 2011. "Crop Insurance And The Future Farm Safety Net," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 26(4), pages 1-7.
    8. Foros, Oystein & Kind, Hans Jarle, 2003. "The Broadband Access Market: Competition, Uniform Pricing and Geographical Coverage," Journal of Regulatory Economics, Springer, vol. 23(3), pages 215-235, May.
    9. Rustichini, Aldo & Satterthwaite, Mark A & Williams, Steven R, 1994. "Convergence to Efficiency in a Simple Market with Incomplete Information," Econometrica, Econometric Society, vol. 62(5), pages 1041-1063, September.
    10. Bulut, Harun, 2017. "Managing Catastrophic Risk in Agriculture through Ex Ante Subsidized Insurance or Ex Post Disaster Aid," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 42(3), September.
    11. John Duncan & Robert J. Myers, 2000. "Crop Insurance under Catastrophic Risk," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(4), pages 842-855.
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    Keywords

    Agricultural and Food Policy; Industrial Organization; Political Economy; Public Economics; Research Methods/ Statistical Methods; Risk and Uncertainty;
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