A new paper on weather insurance is released!
Looking for better insurance solutions to cope with drought risks, the authors design a weather index insurance using drought indices based on precipitation, soil moisture and evapotranspiration as underlying drought index and compare their risk-reducing potential for winter wheat producers in Eastern Germany.
Click here to download the paper.
Bucheli, J., Dalhaus, T., Finger, R (2020). The optimal drought index for designing weather index insurance, European Review of Agricultural Economics, pp 1-15, doi:10.1093/erae/jbaa014