Examining the Price of Insurance in the Agricultural Supply Chain
نویسندگان
1 PhD Candidate of Industrial Management, Department of Industrial Management, Faculty of Economics, Management and Accounting, Yazd University, Yazd, Iran
2 Associate Professor, Department of Industrial Management, Faculty of Economics, Management and Accounting, Yazd University, Yazd, Iran
doi
10.22034/ijfma.2025.78265.2228چکیده
The agricultural supply chain is vulnerable to adverse business conditions, which can be attributed to production uncertainty and price volatility. Risk exists in all agricultural management decisions, primarily due to uncertainty. Price instability reduces investment in the agricultural supply chain. This study explores risk management by introducing price insurance, which may increase investment in the agricultural food supply chain. The statistical population of this research is the Agricultural Bank Insurance Fund of Fars Province. The orientation of this research is developmental and applied. The philosophy of the research is positivist and rigorous, and the research approach is comparative. The strategy in this research is also survey-based. A model is introduced that shows how price-based insurance products can reduce investment risk and how lower investment can have a similar impact to higher investment. This study shows that introducing insurance in the agricultural supply chain can encourage small and medium-sized companies to invest in agriculture and help policymakers better understand the social benefits of food chain risk management and make more effective decisions about subsidy policies with better private sector participation.