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Characterization for index based livestock insurance
Pastoral populations of subSaharan
Africa are particularly vulnerable to losses in wealth and productive assets via herdmortality shocks.
Although conventional insurance mechanisms covering individual losses are not cost ...
Basis Risk and the Welfare Gains from Index Insurance: Evidence from Northern Kenya
Index insurance products circumvent many of the transaction costs and asymmetric information problems that obstruct provision of low value conventional insurance policies in developing countries. Recent years have seen ...