...Ella Kirchner; Yaw Sarfo; Oliver Musshoff Purpose Agricultural index-based insurance helps farmers to mitigate the adverse effects of climate change. However, adoption rates remain low in developing countries. A number of reasons such as basis risk, high insurance premium and lack of trust...

... and 20 percent for the 70, 80 and 90 percent coverage levels, respectively. © Emerald Group Publishing Limited 2015 Risk management Bioeconomic model Discrete stochastic programming Grassland insurance Index-based insurance Livestock Cow-calf operations, also called...