The Terms of Agricultural Contracts: Theory and Evidence.
Standard contract theory predicts that contractual terms between tenants and landlords should reflect the quantity and quality of factor inputs (labor and land), the degree of risk aversion of the parties, and various structural features of the labor market such as alternative wages, turnover rates,...
| Main Authors: | , |
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| Format: | Working paper |
| Language: | English |
| Published: |
Department of Economics (Johns Hopkins University)
2000
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