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Index Insurance and Cash Transfers: A Comparative Analysis from Northern Kenya
Cash transfers and index insurance have become popular interventions by development agencies
worldwide. But they operate in radically different ways. In principle, these could offer complementary or
substitute means of ...
How Basis Risk and Spatiotemporal Adverse Selection Influence Demand for Index Insurance: Evidence from Northern Kenya
Basis risk – the remaining risk that an insured individual faces – is widely acknowledged as the Achilles Heel of index insurance, but to date there has been no direct study of its role in determining demand for index ...