Bryan, Gharad; De Quidt, Jonathan; Wilkening, Tom; … - 2017
high returns to land consolidation and reallocation. Complementarities, holdout and asymmetric information mean that … private trade will be slow to reallocate land, and imply that market design has the potential to contribute to the development …, comparing the performance of several continuous-time land exchanges. Farmers are able to achieve high degrees of efficiency, and …