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  <titleInfo>
    <title>Assessing cassava farmers' perceptions and willigness to pay for weather index insurance in Nakhon Ratchasima, Thailand</title>
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  <name type="personal">
    <namePart>Warisara Khotapanya</namePart>
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  <name type="personal">
    <namePart>Yaseen, Muhammad</namePart>
    <role>
      <roleTerm type="text">Chairperson</roleTerm>
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  <name type="personal">
    <namePart>Himanshu, Sushil Kumar</namePart>
    <role>
      <roleTerm type="text">Examination Committee</roleTerm>
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  <name type="personal">
    <namePart>Tsusaka, Takuji W.</namePart>
    <role>
      <roleTerm type="text">Examination Committee</roleTerm>
    </role>
  </name>
  <name type="corporate">
    <namePart>Ministry of Agriculture and Cooperatives (MOAC), Thailand</namePart>
    <role>
      <roleTerm type="text">Scholarship Donor</roleTerm>
    </role>
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  <name type="corporate">
    <namePart>AIT Scholarships</namePart>
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      <roleTerm type="text">Scholarship Donor</roleTerm>
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  <genre authority="marc">technical report</genre>
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    <place>
      <placeTerm type="code" authority="marccountry">th</placeTerm>
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    <place>
      <placeTerm type="text">Pathum Thani, Thailand</placeTerm>
    </place>
    <publisher>Asian Institute of Technology</publisher>
    <dateIssued>2025</dateIssued>
    <issuance>continuing</issuance>
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  <language>
    <languageTerm authority="iso639-2b" type="code">eng</languageTerm>
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    <extent>103 leaves : ill. + 1online resource</extent>
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  <abstract>Weather index insurance offers a cost-effective alternative by using weather data  instead of field assessments. While it helps address disaster-related losses, its impact is  constrained by high costs, limited awareness, data challenges and socioeconomic  barriers. This study gathered data from cassava farmers in Khon Buri and Dan Khun  Thot districts of Nakhon Ratchasima, Thailand, through focus group discussions and  surveys. Firstly objective, to assess their perceptions and attitudes toward weather index  insurance, a Likert scale was used. The results indicate that farmers are aware of the  risks posed by natural disasters and often take precautionary actions, such as changing  crops. While they show a moderate understanding of agricultural insurance, climate  change, and risk management, their knowledge of weather index insurance is limited.  They express trust in insurance providers and hold generally positive views on  government subsidies. However, they agree that unpredictable weather and fluctuating  crop seasons impact their willingness to pay for weather index insurance. Secondly, to  examine willingness to pay using contingent valuation method, the mean willingness  to pay for weather index insurance premium was 45.90 Baht per rai per year. Thirdly,  Interval Linear Regression analysis revealed several factors influencing cassava  farmers{u2019} willingness to pay for weather index insurance. Positive factors include having  non-farm income and risk perception, especially concerns about natural disasters and  the availability of government subsidies. On the other hand, negative factors include  being the household headship, land tenure, debt, reliance on agricultural reserves,  decision-making roles, difficulty accessing weather station information, and  uncertainty in weather patterns. These findings are consistent with previous research  highlighting the influence of socioeconomic and risk-related factors on insurance  uptake, while this study further demonstrates that farmers{u2019} perceptions, attitudes and  willingness to pay alongside these socioeconomic factors significantly impact the  decision to adopt weather index insurance, especially among cassava farmers. These  findings highlight the importance of targeted education campaigns, enhanced weather  data systems, integration with national strategies, agency collaboration and inclusive  policy frameworks to support the long-term success of weather index insurance.   </abstract>
  <note>A Thesis submitted in partial fulfillment of the requirements for the degree of  Master of Agribusiness Management  </note>
  <note>Thesis (M. Am.) - Asian Institute of Technology, 2025</note>
  <subject authority="lcsh">
    <topic>Crop insurance</topic>
    <topic>Economic aspects</topic>
    <geographic>Thailand</geographic>
  </subject>
  <subject authority="lcsh">
    <topic>Willingness to pay</topic>
  </subject>
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    <titleInfo>
      <title>Thesis ; no. AB-25-01</title>
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      <namePart>Asian Institute of Technology.</namePart>
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  <identifier type="uri">http://203.159.5.9/ait-thesis/detail.php?q=B22762</identifier>
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    <url displayLabel="Full-Text">http://203.159.5.9/ait-thesis/detail.php?q=B22762</url>
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