Pitfalls and potential of institutional change: Rain-index insurance and the sustainability of rangeland management
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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in: Ecological Economics, Jahrgang 70, Nr. 11, 15.09.2011, S. 2137-2144.
Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet
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TY - JOUR
T1 - Pitfalls and potential of institutional change: Rain-index insurance and the sustainability of rangeland management
AU - Müller, Birgit
AU - Quaas, Martin F.
AU - Frank, Karin
AU - Baumgärtner, Stefan
N1 - Special Section - Earth System Governance: Accountability and Legitimacy, Edited by F. Biermann, A. Gupta
PY - 2011/9/15
Y1 - 2011/9/15
N2 - Rain-index insurance is strongly advocated in many parts of the developing world to help farmers to cope with climatic risk that prevails in (semi-)arid rangelands due to low and highly uncertain rainfall. We present a modeling analysis of how the availability of rain-index insurance affects the sustainability of rangeland management. We show that a rain-index insurance with frequent payoffs, i.e. a high strike level, leads to the choice of less sustainable grazing management than without insurance available. However, rain-index insurance with a low to medium strike level enhances the farmer's well-being while not impairing the sustainability of rangeland management. © 2011 Elsevier B.V.
AB - Rain-index insurance is strongly advocated in many parts of the developing world to help farmers to cope with climatic risk that prevails in (semi-)arid rangelands due to low and highly uncertain rainfall. We present a modeling analysis of how the availability of rain-index insurance affects the sustainability of rangeland management. We show that a rain-index insurance with frequent payoffs, i.e. a high strike level, leads to the choice of less sustainable grazing management than without insurance available. However, rain-index insurance with a low to medium strike level enhances the farmer's well-being while not impairing the sustainability of rangeland management. © 2011 Elsevier B.V.
KW - Ecological–economic modeling
KW - Weather-index insurance
KW - Namibia
KW - Risk
KW - Grazing management
KW - Africa
KW - Management studies
KW - Sustainability sciences, Management & Economics
KW - Economics
UR - https://www.mendeley.com/catalogue/0838463a-8227-3561-b97a-feee07cc4dd6/
UR - http://www.scopus.com/inward/record.url?scp=80052028274&partnerID=8YFLogxK
U2 - 10.1016/j.ecolecon.2011.06.011
DO - 10.1016/j.ecolecon.2011.06.011
M3 - Journal articles
VL - 70
SP - 2137
EP - 2144
JO - Ecological Economics
JF - Ecological Economics
SN - 0921-8009
IS - 11
ER -