Organizations, institutions and new governance mechanisms are taking place in the domain of innovation and valorization of the agrifood sector. Though not new in the literature, this topic is capturing the interest of scholars. It refers to the analysis of new organizations and governance...

We theoretically examine a farmer’s coverage demand with area and individual insurance plans as either separate or integrated options. The individual and area losses are assumed to be imperfectly and positively correlated. With actuarially fair rates, the farmer will fully insure with the...

We consider a political economy where government cares about risk-averse farmers’ loss of income and yet incurs political cost if it provides monetary support to farmers. Government evaluates three options: 1) ex-post disaster aid; 2) ex-ante insurance option with perfect information; 3)...

We theoretically examine a farmer’s coverage demand with area and individual insurance plans as either separate or integrated options. The individual and area losses are assumed to be imperfectly and positively correlated. With actuarially fair rates, the farmer will fully insure with the...

Organizations, institutions and new governance mechanisms are taking place in the domain of innovation and valorization of the agrifood sector. Though not new in the literature, this topic is capturing the interest of scholars. It refers to the analysis of new organizations and governance...

Food consumers often query or ignore the risk assessments of scientists, the food industry andpublic bodies. This is widely acknowledged. It has been suggested that this ‘expert-lay discrepancy’is a relatively straightforward upshot of the fact that lay people lack the knowledge andtechnical...

sustainable future. Carbon emissions reduction target represents a global challenge gaining the headlines around the world and pushing academic scientists to discuss actively possible technical innovations, economic consequences and environmental benefits. On the other hand consumers already...

Consumers face complex choices when they buy wine: wine is a highly differentiated product sold at prices that vary over a wide range. This paper aims to provide monetary valuation of some relevant credence attributes of the wine, such as certifications and quality ratings made by expert...