RAINFALL INSURANCE : A PROMISING TOOL FOR DROUGHT MANAGEMENT

SKEES J. R. - ARTICLE DE PERIODIQUE - 2005
Evaluation of insurance alternatives to manage water supply risk, risk of drought and uncertainty of water supply and demand over time in order to allocate correctly water rights annually. The use of a rainfall index contract is introduced as a partial solution in the Murrumbidgee irrigation area in New South Wales.

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