Friday, March 5, 2010

Livestock insurance

For more information on the ILRI program I blogged about earlier with ILRI's video, see here for the Cornell Chronicle's story about a Cornell graduate student's influence on the program. Among the points that auger well:
  • "We conducted extensive household surveys to make sure the product we designed matched with what they really want," Chantarat said.
  • The researchers also held information sessions in which they used experimental games that replicate common livestock-keeping activities to demonstrate how insurance works and to study how households react to the new product.
  • The model is designed to be market viable, Chantarat said, but the follow-up research will help determine whether subsidizing premiums for the poorest herders could boost the program's ultimate effectiveness in combating severe poverty and vulnerability.

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