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  • 标题:Should Basic Underwriting Rules be Applied to Average Crop Revenue Election and Supplemental Revenue?
  • 本地全文:下载
  • 作者:Barnaby, Glenn Arthur, Jr.
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2010
  • 页码:517-535
  • 出版社:Journal of Agribusiness
  • 摘要:This paper considers methods to adversely select on Average Crop Revenue Election (ACRE) and Supplemental Revenue (SURE). In the case of winter wheat, farmers had a large amount of a priori yield and price information before electing 2009 ACRE. Prior to the August 14 sign-up for ACRE, wheat was 3 months into the marketing year. In most years nearly half of the national average price is determined in the first 3 months of the marketing year. With this available information it was clear that Oklahoma, Texas, and Washington wheat would collect the maximum or near the maximum ACRE payment, while there was little chance that ACRE would pay on Colorado wheat.
  • 关键词:Adverse Selection;Average Crop Revenue Election;Crop Insurance;Supplemental Revenue
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