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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 ...
Productive Spillovers of the Take-up of Index-Based Livestock Insurance¥
Does the provision of livestock insurance raise the unintended consequence of stimulating excessive herd accumulation and less environmentally-sustainable herd movement patterns? The impact of insurance is theoretically ...
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 ...
Commercializing smallholder value chains for goats in Mozambique: A system dynamics approach
Goat producers in Inhassoro follow traditional management practices that lead to low supply of low quality goats. This has negative impacts on profitability, and on market access. Traders who buy in the Inhassoro locality ...
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 ...