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Two issues in land tenure contracts in agriculture that have vexed economists are (1) the appearance and co-existence of multiple contracts, often in adjoining plots of land and (2) the choice of a share-cropping contract because a share contract being analogous to a proportional tax, is...
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In this paper we analyze the factors that affect the choice of land tenure contracts in the semi arid tropics of India. We develop a dynamic principal-agent model with one-sided private information to explain the co-existence of wage, rent and share-cropping contracts. We generate empirically...
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We look at gender differences in agency relationships between an employer and a worker. The employer can resort to two different ways of motivating the worker to exert effort. One of these depends on establishing a relational contract, which is based on mutual trust and reciprocity between the...
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