IARFIC 2014: Papers from the 3rd International Agricultural Risk, Finance and Insurance

IARFIC 2014: Papers from the 3rd International Agricultural Risk, Finance and Insurance

A significant global transformation must take place in order to increase food production by 70% by 2050, a figure the UN’s Food and Agriculture Organization (FAO) estimates is needed to feed the world’s future population. This is not an easy task, however, as agriculture is faced with a number of major challenges. Therefore, it is important that issues regarding food security, stability, sustainability, investment, innovation, multi-stakeholder partnerships, governance, etc., are addressed. The International Agricultural Risk, Finance, and Insurance Conference (IARFIC) aims to facilitate important and timely discussions regarding these challenges, through bringing together leaders across the globe and across disciplines, including agriculture, actuarial science, finance, statistics, and risk management.

The third annual IARFIC was held in Zurich and this special ebook contains selected papers from the conference.

$25 spring wheat was a bubble, right?,A financial engineering approach to pricing agricultural insurances,Agricultural risk management using NDVI pasture index-based insurance for livestock producers in south west Buenos Aires province,Behavioral economic insights on index insurance design,Challenges in the design of crop revenue insurance,Designing catastrophic bonds for catastrophic risks in agriculture: macro hedging long and short rains in Kenya,Editorial,Factors affecting farmers’ willingness to purchase weather index insurance in the Hainan Province of China,Human resource risk and succession planning: implementing an integrated personal and financial consulting model in New York state,Is there a demand for multi-year crop insurance?,Meso-level weather index insurance: overcoming low risk reduction potential of micro-level approaches

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