Flexible weather index insurance design with penalized splines
In this article, we propose a flexible framework for the design of weather index insurance (WII) based on penalized spline methods. The aim is to find the indemnity function that optimally characterizes the intricate relationship between agricultural production losses and weather variables and thus...
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Main Authors: | Tan, Ken Seng, Zhang, Jinggong |
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其他作者: | Nanyang Business School |
格式: | Article |
語言: | English |
出版: |
2023
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主題: | |
在線閱讀: | https://hdl.handle.net/10356/170137 |
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機構: | Nanyang Technological University |
語言: | English |
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