Preferences for Bundled Index-Based Livestock Insurance: Evidence From Northern Kenya
Considerable attention has been placed on bundled index insurance to enhance climate resilience, address multiple risks simultaneously, and increase the adoption of agricultural technologies. We conducted an endow-and-exchange choice experiment with 1,828 female and male livestock keepers in norther...
| Autores principales: | , , , , , |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
Wiley
2026
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| Acceso en línea: | https://hdl.handle.net/10568/179951 |
| _version_ | 1855530395044413440 |
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| author | Shikuku, Kelvin Mashisia Ochenje, Ibrahim Osiemo, Jamleck Banerjee, Rupsha R. DuttaGupta, Tanaya Khalai, Duncan |
| author_browse | Banerjee, Rupsha R. DuttaGupta, Tanaya Khalai, Duncan Ochenje, Ibrahim Osiemo, Jamleck Shikuku, Kelvin Mashisia |
| author_facet | Shikuku, Kelvin Mashisia Ochenje, Ibrahim Osiemo, Jamleck Banerjee, Rupsha R. DuttaGupta, Tanaya Khalai, Duncan |
| author_sort | Shikuku, Kelvin Mashisia |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Considerable attention has been placed on bundled index insurance to enhance climate resilience, address multiple risks simultaneously, and increase the adoption of agricultural technologies. We conducted an endow-and-exchange choice experiment with 1,828 female and male livestock keepers in northern Kenya to elicit their preferences for bundled index-based livestock insurance (IBLI). We measured relative willingness to pay (WTP) as the maximum amount of money that an individual is willing to pay to switch from one bundle to another. We found that livestock keepers were willing to pay 19% – 33%, 100% – 153%, and 148% – 232% more for IBLI + animal nutrition, IBLI + animal health, and IBLI + flexible package, respectively, relative to IBLI + animal breed. Relative to the average WTP to switch from other bundles to IBLI + animal breed, women had 36% – 45%, 54% – 64%, and 76% – 84% higher WTP than men for IBLI + animal nutrition, IBLI + animal health, and IBLI + flexible package, respectively. Providing information about bundled products and seasonal vegetation forecasts reduced the relative WTP for IBLI + animal nutrition. Our findings highlight the importance of considering the differential preferences of women and men when designing and promoting bundled IBLI products. |
| format | Journal Article |
| id | CGSpace179951 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2026 |
| publishDateRange | 2026 |
| publishDateSort | 2026 |
| publisher | Wiley |
| publisherStr | Wiley |
| record_format | dspace |
| spelling | CGSpace1799512026-01-23T10:14:07Z Preferences for Bundled Index-Based Livestock Insurance: Evidence From Northern Kenya Shikuku, Kelvin Mashisia Ochenje, Ibrahim Osiemo, Jamleck Banerjee, Rupsha R. DuttaGupta, Tanaya Khalai, Duncan insurance pastoralists drylands livestock Considerable attention has been placed on bundled index insurance to enhance climate resilience, address multiple risks simultaneously, and increase the adoption of agricultural technologies. We conducted an endow-and-exchange choice experiment with 1,828 female and male livestock keepers in northern Kenya to elicit their preferences for bundled index-based livestock insurance (IBLI). We measured relative willingness to pay (WTP) as the maximum amount of money that an individual is willing to pay to switch from one bundle to another. We found that livestock keepers were willing to pay 19% – 33%, 100% – 153%, and 148% – 232% more for IBLI + animal nutrition, IBLI + animal health, and IBLI + flexible package, respectively, relative to IBLI + animal breed. Relative to the average WTP to switch from other bundles to IBLI + animal breed, women had 36% – 45%, 54% – 64%, and 76% – 84% higher WTP than men for IBLI + animal nutrition, IBLI + animal health, and IBLI + flexible package, respectively. Providing information about bundled products and seasonal vegetation forecasts reduced the relative WTP for IBLI + animal nutrition. Our findings highlight the importance of considering the differential preferences of women and men when designing and promoting bundled IBLI products. 2026-01-01 2026-01-16T07:09:36Z 2026-01-16T07:09:36Z Journal Article https://hdl.handle.net/10568/179951 en Open Access Wiley Shikuku, K.M., Ochenje, I., Osiemo, J., Banerjee, R., DuttaGupta, T. and Khalai, D. 2025. Preferences for Bundled Index-Based Livestock Insurance: Evidence from Northern Kenya. Agricultural Economics 57(1):e70089. |
| spellingShingle | insurance pastoralists drylands livestock Shikuku, Kelvin Mashisia Ochenje, Ibrahim Osiemo, Jamleck Banerjee, Rupsha R. DuttaGupta, Tanaya Khalai, Duncan Preferences for Bundled Index-Based Livestock Insurance: Evidence From Northern Kenya |
| title | Preferences for Bundled Index-Based Livestock Insurance: Evidence From Northern Kenya |
| title_full | Preferences for Bundled Index-Based Livestock Insurance: Evidence From Northern Kenya |
| title_fullStr | Preferences for Bundled Index-Based Livestock Insurance: Evidence From Northern Kenya |
| title_full_unstemmed | Preferences for Bundled Index-Based Livestock Insurance: Evidence From Northern Kenya |
| title_short | Preferences for Bundled Index-Based Livestock Insurance: Evidence From Northern Kenya |
| title_sort | preferences for bundled index based livestock insurance evidence from northern kenya |
| topic | insurance pastoralists drylands livestock |
| url | https://hdl.handle.net/10568/179951 |
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