MEASURING WILLINGNESS TO PAY FOR AGRICULTURAL INSURANCE IN IRAN A CASE STUDY OF PISTACHIO

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ABD ELAHI EZATABADI M.; NEJATI ABAS

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Journal: Year:2007 | Volume:13 | Issue:2 Page(s): 265-273

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Title

MEASURING WILLINGNESS TO PAY FOR AGRICULTURAL INSURANCE IN IRAN A CASE STUDY OF PISTACHIO

Author(s)

ABD ELAHI EZATABADI M. | NEJATI ABAS | Issue Writer Certificate

Keywords

AGRICULTURAL INSURANCEQ3

PREMIUMQ3

WILLINGNESS TO PAYQ3

PISTACHIOQ3

IRANQ3

Abstract

In this study, using a sample of 300 IRANian PISTACHIO producers, WILLINGNESS TO PAY for PISTACHIO insurance was measured directly and indirectly, The results showed that, if farmers' risky beliefs and preferences were the only factors in decision making, the WILLINGNESS TO PAY for insurance would be very high. In this case, PISTACHIO producers not only pay fair PREMIUM, but also pay loading costs. More investigations showed that, in addition to risky beliefs and preferences, factors such as government policies, off-farm works, financial difficulties, moral hazard and adverse selection are considered in decision making for participation in AGRICULTURAL INSURANCE. These factors reduce WILLINGNESS TO PAY, so that, on average, WILLINGNESS TO PAY for PISTACHIO insurance is only 73.27% of fair PREMIUM.

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APA: Copy

ABD ELAHI EZATABADI, M., & NEJATI, ABAS. (2007). MEASURING WILLINGNESS TO PAY FOR AGRICULTURAL INSURANCE IN IRAN A CASE STUDY OF PISTACHIO. JOURNAL OF AGRICULTURAL SCIENCES, 13(2), 265-273. SID. https://sid.ir/paper/7935/en

Vancouver: Copy

ABD ELAHI EZATABADI M., NEJATI ABAS. MEASURING WILLINGNESS TO PAY FOR AGRICULTURAL INSURANCE IN IRAN A CASE STUDY OF PISTACHIO. JOURNAL OF AGRICULTURAL SCIENCES[Internet]. 2007;13(2):265-273. Available from: https://sid.ir/paper/7935/en

IEEE: Copy

M. ABD ELAHI EZATABADI, and ABAS NEJATI, “MEASURING WILLINGNESS TO PAY FOR AGRICULTURAL INSURANCE IN IRAN A CASE STUDY OF PISTACHIO,” JOURNAL OF AGRICULTURAL SCIENCES, vol. 13, no. 2, pp. 265–273, 2007, [Online]. Available: https://sid.ir/paper/7935/en

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