发帖
雷达卡
英文文献：Asymmetric Information In Cotton Insurance Markets: Evidence From Texas-棉花保险市场的不对称信息:来自德克萨斯州的证据
英文文献作者：Makki, Shiva S.,Somwaru, Agapi
英文文献摘要：
In recent years, the crop insurance program has emerged as an important part of the U.S. farm policy. Farmers responded to the crop insurance program with increased participation nationwide. At issue is whether the rapid expansion of the program has worsened the asymmetric information problems in crop insurance markets. This paper investigates the presence of adverse selection in cotton insurance markets. Our results reject the conditional independence of the choice of insurance contracts and risk of loss, implying the presence of informational asymmetries between the insurer and insured in Texas cotton insurance markets. Results show that actual premium rates are significantly different from both pure and fair premium rates.
近年来，农作物保险计划已成为美国农业政策的重要组成部分。农民对农作物保险计划做出了反应，全国范围内的参与人数有所增加。目前的问题是，该计划的迅速扩大是否加剧了作物保险市场的信息不对称问题。本文研究了棉花保险市场中逆向选择的存在。结果否定了保险合同选择与损失风险的条件独立性，暗示了德州棉花保险市场中保险人与被保险人之间存在信息不对称。结果表明，实际保险费率与纯粹保险费率和公平保险费率均存在显著差异。
京公网安备 11010802022788号
