according to statistics released by agricultural insurance fund (aif) less than 4 million acres out of 90 million acres has been covered by pastures insurance. this observation along with several facts motivated authors to study possible barriers which pastures insurance has been encountered in practice. the research population included all the experts in agricultural insurance fund. small popu...

The study follows previous work on the role of experience rating in resolving information asymmetry problems in insurance contracting. Results of the study provide additional evidence that contracts which are experience-rated are less susceptible to pricing inefficiency due to moral hazard and adverse selection than are contracts which are not experience-rated. This study extends previous work ...