@inproceedings{da790d5c2cd94f30956192d27f6f6522,
title = "Multivariate weighted premium principle for determining crop insurance premium",
abstract = "The objective of this paper is to calculate premium in crop insurance using MWPP (Multivariate Weighted Premium Principle). This premium principle integrate external risk factors to crop insurance premium such as economic risk and catastrophe risk. The external risk factors are different from internal factors which are the initial risks from the original crop premium. MWPP is the new crop premium that reweight historical loss data with external factors. Risk loading is calculated with transforming underlying risk by adding external factors. By choosing the right external factors, this premium principle has a relatively increasing risk loading.",
keywords = "climate change, crop insurance premium, external factors, MWPP, risk loading",
author = "Y. Adilla and S. Mardiyati and Sari, {S. F.}",
note = "Funding Information: This research is funded by PITTA 2018 research grant from DRPM Universitas Indonesia. Publisher Copyright: {\textcopyright} 2019 Author(s).; 4th International Symposium on Current Progress in Mathematics and Sciences 2018, ISCPMS 2018 ; Conference date: 30-10-2018 Through 31-10-2018",
year = "2019",
month = nov,
day = "4",
doi = "10.1063/1.5132467",
language = "English",
series = "AIP Conference Proceedings",
publisher = "American Institute of Physics Inc.",
editor = "Terry Mart and Djoko Triyono and Anggraningrum, {Ivandini T.}",
booktitle = "Proceedings of the 4th International Symposium on Current Progress in Mathematics and Sciences, ISCPMS 2018",
}
