In this paper we provide an economic interpretation of intercropping as a risk management strategy based on spatial diversification of production. We study vine intercropping - i.e., scattering vines across fields rather than concentrating them in specialized vineyards - a traditional practice...

Variations in fine wine prices can be prominent and have widespread economic and financial implications. Although fine wine investments are dominated by French wines, we demonstrate that significant international diversification benefits exist for investors in Italian, Australian and Portuguese...