1,721,007 research outputs found

    Strategie per la gestione del rischio nell’impresa agricola

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    In the present paper a risk insurance strategy for the agriculture sector is proposed. Specify, the risk of income losses is covered by insurance if income dropped under a certain objectively defined level. Since in the agriculture sector possible opportunity cost losses can arise by the common practice of fixing the product price ex ante to calculate the compensation, a financial strategy, that integrates the insurance contract with a “call” option on a future linked to insured yields, is added for a particular product of high quality and relative to a very restricted area. Moreover it is underlined how it has to be distinguished rational from imprudent behaviours of farmers that, as well known, are usually classificated as economic subjects with low risk-aversion

    Il sistema agro-alimentare e l'economia dell'incertezza

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    Uncertainty lays in the periphery of the "city" of agricultural economics, this is so despite the fact that agriculture markets are deeply characterized not only by an high degree of uncertainty but also by information asymmetrics. The present essay analyzes the effects of uncertainty on several contexts of the Italian agrofood markets: from its effects on the consuming and so on the saving decisions of the rural family, to how its influences production levels and, finally, its consequences on the issues of quality and security of agricultural goods.The conclusions are that there is scope for further research on these issues by Italian agricultural economics

    Teoria economica, asimmetria d'informazione e rischio sistematico nel mercato assicurativo in agricoltura.

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    Adverse selection, moral hazard and systemic risk are the main reasons for a missing market in agricultural insurance. If multiperil and index-linked insurance products have been introduced for reducing speculative and not preventive behaviors of farmers, it seems reasonable that the government intervention has to replace financial ad-hoc aids with public tools orientated towards a “risk-partnership” among State, insurer and farmer in order to guarantee, in the short and in the long run, lower reinsurance costs and, more in general, a financial stabilization in farming and in private insurance secto
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