Rating Exotic Price Coverage in Crop Revenue Insurance

This paper considers exotic price coverage in crop insurance. The issue is similar to the pricing of options on extrema which are commonly called exotic options. Consideration is made of individual monthly average prices leading to a multivariate distribution with important dependencies. Additionally, the problem is approached in terms of the joint distribution of a maximum over an interval and the harvest time price.


Issue Date:
2015
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/205208
Total Pages:
14
Series Statement:
Paper
7724




 Record created 2017-04-01, last modified 2017-08-28

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