Implications of Agency Theory for Optimal Land Tenure Contracts
Explores landowner-tenant contracts in land tenure in agriculture. Inefficiency of share tenancy relative to owner cultivation; Introduction of principal-agent models; Influence of monitoring in studying optimal landowner-tenant risk sharing; Need to study adequate tenant incentives
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|Date of creation:||01 Apr 2004|
|Date of revision:|
|Publication status:||Published in Economic Development and Cultural Change, April 2004, vol. 52, pp. 617-643|
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