Recent Research from Swedish University of Agricultural Sciences Highlight Findings in Livestock Insurance (Unravelling the Pastoralist Paradox – Preferences for Land Tenure Security and Flexibility In Kenya): Livestock Insurance

2022 NOV 10 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Current study results on Livestock Insurance have been published. According to news reporting from Umea, Sweden, by NewsRx journalists, research stated, “In this paper, we use a discrete choice experiment conducted among pastoralists in four different semi-arid counties in Kenya characterized by different land tenure regimes to analyze how pastoralists make tradeoffs between tenure security and grazing flexibility - the so-called pastoralist paradox. Results show that there is one group of respondents who are desperate for change and seem to prefer either group or private title deeds to their current situation.”

Financial supporters for this research include European Commission, European Commission.

The news correspondents obtained a quote from the research from the Swedish University of Agricultural Sciences, “A second, smaller group has strong preferences for the status quo, which could be driven by their relatively short migration distances. Concerning index-based livestock insurance, the basis risk suffered by insured pastoralists due to underprediction is high, but willingness to pay (WTP) for livestock insurance should still be high enough to ensure maximum uptake, leaving current low uptakes hard to explain.”

According to the news reporters, the research concluded: “The worry about climate change is high but does not translate into increased WTP for more secure tenure or formal livestock insurance.”

This research has been peer-reviewed.

For more information on this research see: Unravelling the Pastoralist Paradox - Preferences for Land Tenure Security and Flexibility In Kenya. Environment and Development Economics, 2022. Environment and Development Economics can be contacted at: Cambridge Univ Press, 32 Avenue Of The Americas, New York, NY 10013-2473, USA. (Cambridge University Press - www.cambridge.org; Environment and Development Economics - http://journals.cambridge.org/action/displayJournal?jid=EDE)

Our news journalists report that additional information may be obtained by contacting Goran Bostedt, Swedish University of Agricultural Sciences, Dept. of Forest Economics, Umea, Sweden. Additional authors for this research include Erlend Dancke Sandorf, Stephen M. Mureithi and Deborah N. Muricho.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1017/S1355770X22000298. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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