FEEM Seminar on ”Revealing the Willingness To Pay for income insurance in agriculture”
In spite of its minor and decreasing share in the European Union, agriculture still plays a fundamental and strategic role in many areas of the economy, as witnessed by the ongoing EU effort of the last decades to guarantee a stable agricultural income. Recently however, conventional income stabilization tools have been showing signs of exhaustion and EU institutions have in fact encouraged the expansion of agricultural insurance. Assessing and enhancing the sustainability of income insurance demands an in depth knowledge of farmers’ Willingness To Pay (WTP) for this product, as presented in this week’s FEEM seminar.
Fondazione Eni Enrico Mattei