Estimation of crop yields and insurance premiums using a shrinkage estimator

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Título: Estimation of crop yields and insurance premiums using a shrinkage estimator / Sebastain N. Awondo...[et al.]
Notas: Sumario: We explore the estimation of crop yields and insurance premiums using a hierarchical Bayes small area estimator. The estimator is evaluated for Area Yield Production (AYP) policy using quasi-simulated corn yields in the United States. Its performance in producing reliable mean county yield and premium estimates is compared to that of a naive estimator. We also investigate the impact of these efficiency improvements on the residual losses between a farm-level policy and AYP. The proposed estimator is found to be substantially more efficient and less biased than the naive estimator
Autores secundarios: Awondo, Sebastain N.
Otras clasificaciones: 6

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