Share Tenancy, Ownership Structure, and Prevented Planting Claims in Crop Insurance
基于机会成本和预期效用原理,分析分成租赁安排和农场内部结构如何影响作物保险中无法种植索赔的概率,发现简单的内部结构和农户主导的租赁地位会增加索赔可能性。
Abstract A conceptual model based on opportunity cost and expected utility principles establishes linkages between the likelihood of prevented planting claims in crop insurance and existing share leasing arrangements/internal farm business structures. Results of heteroskedastic probit estimation procedures indicate that simpler internal business structures and more dominant farmer‐tenant leasing position can increase the probability of submitting a prevented planting claim.