Authors
John McPeak, Sommarat Chantarat, Andrew Mude
Publication date
2010/11/9
Journal
Agricultural Finance Review
Volume
70
Issue
3
Pages
333-352
Publisher
Emerald Group Publishing Limited
Description
Purpose
The purpose of this paper is to present the methods and findings of an experimental game designed to extend the concept of index‐based livestock insurance in northern Kenya, and analyze patterns of game play. The paper is designed to inform others who may be attempting something similar to this work in other developing country agricultural settings.
Design/methodology/approach
The paper presents the following: descriptive context of the issue, explanation of the game design to match the conditions in the area, details of how the authors explained the game, and regression analysis of play by participants.
Findings
Games designed to reflect key elements of the local production system can be an effective way of explaining financial products to rural producers in developing countries.
Research limitations/implications
It remains to be seen if the extension effort leads to more informed consumers …
Total citations
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Scholar articles
J McPeak, S Chantarat, A Mude - Agricultural Finance Review, 2010