The central focus of this dissertation is the role of financial instruments, in particular insurance and credit, in economic development. Motivated by the observation that exposure to the risk of extreme weather conditions may constrain investment by subsistence farmers and lead to inefficient production choices, the first chapter evaluates whether insuring farmers against such risks alters res...

In crop insurance design, the yield guarantee and the premium are very important parameters, both of which depend upon the yield distribution. Accordingly, the accurate modeling of yield distribution is essential for designing crop insurance contracts. This study employs historical county-level yield data for irrigated and dry wheat in East Azarbaijan Province, Iran for 1975-2013 to evaluate th...

insurer companies frequently reinsure part of their risks before reinsurers. the question of right of action of the insured against the reinsurer then arises. the common response to this question is negative because of the principle of the privacy of contracts. however, courts, particularly in the united states, have recognized this direct action on various grounds, especially in case of insolv...

BACKGROUND Recent events have increased the instability of health insurance coverage. We compared emergency department (ED) use by newly insured vs continuously insured adults and by newly uninsured vs continuously uninsured adults. METHODS We analyzed 159,934 adult respondents to the 2004 through 2009 National Health Interview Survey. Health insurance status was categorized as newly insured ...

Abstract Crop producers face significant and increasing drought risks. We evaluate whether insurances based on globally freely available satellite-retrieved soil moisture data can reduce farms’ financial risk exposure. design farm individual index for wheat, maize rapeseed production using a case study Eastern Germany. find that the significantly decrease exposure these crops compared to situat...

one of the most important duties of insured in the insurance contract, is to inform the insurer, fully and accurately. this obligation arises in three stages:before conclusion of contract, during the contract and after occurrence of the insured event. the review shows that the insured’s duty before conclusion of contract is reduced from a primary obligation to a secondary one. this means that i...