Incertidumbre hídrica y prima de riesgo en la agricultura de la cuenca del Segura
ISSN: 2174-3835
Année de publication: 2011
Volumen: 2
Número: 1
Type: Article
D'autres publications dans: Atlantic Review of Economics: Revista Atlántica de Economía
Résumé
In this article, premium risk concept is used to value the cost of water uncertainty for a risk adverse farmer in the Segura Basin. The obtained estimation would proportionate the increment in the willingness to pay for a more secure resource. This calculus can be taken into account by authorities by deciding the construction of determined hydraulic infrastructure. It can be also useful for insurance companies because water variability can be a component of an agrarian insurance.