This paper analyses the optimal hedging decisions for risk-averse producers facing crop risk, assuming crop yield … derived. The individual crop risk is shown usually to contain a large systemic component. These new hedging instruments are …

traditional insurances. However, the weather index-based insurances present the limit of the basis risk: a significant yield loss …

determining risk in the agricultural sector. Drought, heat stress, flood, market volatility among the others, have caused heavy … that have been taken to reduce economic losses for Italian farmers. We also tried to highlight the difference between risk …