in The Quarterly Journal of Economics
May 2014; p ublished online February 2014 .
Journal Article. Subjects: Economic Development; Design of Experiments; Production and Organizations; Agricultural Economics; Intertemporal Choice and Growth; Insurance. 19024 words.
The investment decisions of small-scale farmers in developing countries are conditioned by their financial environment. Binding credit market constraints and incomplete insurance can limit...
in Applied Economic Perspectives and Policy
September 2015; p ublished online December 2014 .
Journal Article. Subjects: Design of Experiments; Agricultural Economics; Economic Development; Insurance. 10252 words.
Farmers throughout the developing world face multiple sources of uninsured risk to agricultural production and household assets. In this paper, we present results from an experimental...
in Journal of Financial Econometrics
March 2012; p ublished online March 2012 .
Journal Article. Subjects: Econometric and Statistical Methods and Methodology: General; Insurance; International Finance. 6942 words.
This paper studies the link between two popular measures of risk, that are the Value-at-Risk (VaR) and the Tail-VaR (TVaR). We study how the TVaR and VaR are related through their risk...
Government Insurance Program Design, Incentive Effects, and Technology Adoption: The Case of Skip-Row Crop Insurance
in American Journal of Agricultural Economics
July 2012; p ublished online February 2012 .
Journal Article. Subjects: Agricultural, Environmental, and Natural Resource Economics; Technological Change; Research and Development; Econometric and Statistical Methods and Methodology: General; Agricultural Economics; Information, Knowledge, and Uncertainy; Insurance. 8574 words.
Can the availability of poorly-designed government insurance alter technology adoption decisions? A theoretical model of technology adoption and insurance incentive effects for a high- and...
Revisiting the Risk-Neutral Approach to Optimal Policyholder Behavior: A Study of Withdrawal Guarantees in Variable Annuities
in Review of Finance
March 2016; p ublished online May 2015 .
Journal Article. Subjects: Insurance; Household Behaviour and Family Economics; Mathematical Methods; Programming Methods; Mathematical and Simulation Modelling. 15217 words.
Policyholder exercise behavior presents an important risk factor for pricing Variable Annuities. However, approaches presented in the literature—building on value-maximizing strategies akin...