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Better insurance against rainfall risk could improve the security of hundreds of millions of agricultural households around the world. However, customers have shown little demand for stand-alone insurance products. This paper theoretically and experimentally analyzes an innovative financial product called a Weather Insurance Savings Account (WISA), which combines savings and rainfall insurance. The paper uses a standard model of intertemporal insurance demand to study how customers' demand for a WISA varies with the amount of insurance offered. A laboratory experiment is then used to elicit participants' valuations of pure insurance, pure savings, and intermediate WISA types. Contrary to the standard model, within-subjects comparisons show that many participants prefer both pure insurance and pure savings to any interior mixture of the two, suggesting that market demand for a WISA is likely to be low. Additional experimental and observational evidence distinguishes between several alternative explanations. One possibility that survives the additional tests is diminishing sensitivity to losses, as in prospect theory.

Agricultural Risk --- Debt Markets --- Emerging Markets --- Financial Intermediation --- Hazard Risk Management --- Index Insurance --- Insurance & Risk Mitigation --- Microinsurance --- Microsavings --- Prospect Theory --- Rainfall --- Wisa

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This book contributes to the literature on conflict and terrorism through a selection of articles that deal with theoretical, methodological and empirical issues related to the topic. The papers study important problems, are original in their approach and innovative in the techniques used. This will be useful for researchers in the fields of game theory, economics and political sciences.

European Union (EU), spatial autoregression and connectivity --- alliance --- strategic free riding --- Nash equilibrium --- terror cycles --- terror paths --- counterterror policy --- conflict dynamics --- asymmetric conflict --- continuous game --- national security --- Blotto game --- imperfect information --- machine learning --- terrorism --- game theory --- hybrid threats --- state competition --- prospect theory --- grand strategy --- retaliation --- counterterror --- coalition --- backlash --- conflict --- contests --- momentum --- n/a

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Applied mathematics and symmetry work together as a powerful tool for problem reduction and solving. We are communicating applications in probability theory and statistics (A Test Detecting the Outliers for Continuous Distributions Based on the Cumulative Distribution Function of the Data Being Tested, The Asymmetric Alpha-Power Skew-t Distribution), fractals - geometry and alike (Khovanov Homology of Three-Strand Braid Links, Volume Preserving Maps Between p-Balls, Generation of Julia and Mandelbrot Sets via Fixed Points), supersymmetry - physics, nanostructures -chemistry, taxonomy - biology and alike (A Continuous Coordinate System for the Plane by Triangular Symmetry, One-Dimensional Optimal System for 2D Rotating Ideal Gas, Minimal Energy Configurations of Finite Molecular Arrays, Noether-Like Operators and First Integrals for Generalized Systems of Lane-Emden Equations), algorithms, programs and software analysis (Algorithm for Neutrosophic Soft Sets in Stochastic Multi-Criteria Group Decision Making Based on Prospect Theory, On a Reduced Cost Higher Order Traub-Steffensen-Like Method for Nonlinear Systems, On a Class of Optimal Fourth Order Multiple Root Solvers without Using Derivatives) to specific subjects (Facility Location Problem Approach for Distributed Drones, Parametric Jensen-Shannon Statistical Complexity and Its Applications on Full-Scale Compartment Fire Data). Diverse topics are thus combined to map out the mathematical core of practical problems.

Khovanov homology --- braid link --- Jones polynomial --- drone deployment --- drone port --- traveling salesman --- facility location problem --- molecular arrays --- constrained optimization --- equivariant bifurcation theory --- generalized Lane–Emden systems --- Noether-like operator --- conservation laws --- barycentric coordinate system --- coordinate system --- hexagonal grid --- triangular grid --- tri-hexagonal grid --- transformations --- test for outliers --- order statistics --- extreme values --- confidence intervals --- Monte-Carlo simulation --- nonlinear equations --- systems --- derivative-free methods --- fast algorithms --- computational efficiency --- neutrosophic soft sets --- inconsistent information --- prospect theory --- stochastic multi-criteria group decision making --- lie symmetries --- invariants --- shallow water --- similarity solutions --- optimal system --- equal volume projection --- hierarchical grid --- iterative function --- multiple root --- composite method --- derivative-free method --- optimal convergence --- full-scale fire experiment --- compartment fire --- permutation entropy --- two length permutation entropy --- time series analysis --- parametric Jensen-Shannon statistical complexity --- symmetric duality --- alpha-power skew-t distribution --- skew-t distribution --- power-t distribution --- asymmetry --- Fisher information matrix --- maximum likelihood estimation --- iteration --- fixed points --- fractals

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"The incisive guide that helps up-and-coming economists become successful scholarsThe Economist's Craft introduces graduate students and rising scholars to the essentials of research, writing, and other critical skills for a successful career in economics. Michael Weisbach enables you to become more effective at communicating your ideas, emphasizing the importance of choosing topics that will have a lasting impact. He explains how to write clearly and compellingly, present and publish your findings, navigate the job market, and more.Walking readers through each stage of a research project, Weisbach demonstrates how to develop research around a theme so that the value from a body of work is more than the sum of its individual papers. He discusses how to structure each section of an academic article and describes the steps that follow the completion of an initial draft, from presenting and revising to circulating and eventually publishing. Weisbach reveals how to get the most out of graduate school, how the journal review process works, how universities decide promotions and tenure, and how to manage your career and continue to seek out rewarding new opportunities.A how-to guide for the aspiring economist, The Economist's Craft covers a host of important issues rarely taught in the graduate classroom, providing readers with the tools and insights they need to succeed as professional scholars"-- "The Economist's Craft introduces graduate students and rising scholars to the essentials of research, writing, and other critical skills for a successful career in economics. Michael Weisbach enables you to become more effective at communicating your ideas, emphasizing the importance of choosing topics that will have a lasting impact. He explains how to write clearly and compellingly, present and publish your findings, navigate the job market, and more. Walking readers through each stage of a research project, Weisbach demonstrates how to develop research around a theme so that the value from a body of work is more than the sum of its individual papers. He discusses how to structure each section of an academic article and describes the steps that follow the completion of an initial draft, from presenting and revising to circulating and eventually publishing. Weisbach reveals how to get the most out of graduate school, how the journal review process works, how universities decide promotions and tenure, and how to manage your career and continue to seek out rewarding new opportunities. A how-to guide for the aspiring economist, The Economist's Craft covers a host of important issues rarely taught in the graduate classroom, providing readers with the tools and insights they need to succeed as professional scholars"--

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