Pearcy and Smith The Tangled Web of Agricultural Insurance 81 costs of the program

@inproceedings{Pearcy2015PearcyAS,
  title={Pearcy and Smith The Tangled Web of Agricultural Insurance 81 costs of the program},
  author={Jason Pearcy and Vincent H. Smith},
  year={2015}
}
This paper examines how changes in major elements of the U.S. federal crop insurance program affect the structure of the agricultural insurance industry. We model interactions between farmers, insurance agents and insurance companies. Marginal changes in government policy (premium subsidy rate, A&O subsidy rate, and loading factor) affect the insurance… CONTINUE READING

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