We empirically test the effect of separating ownership and control and its interaction with farmer effort on farm success using USDA-ARMS data. We use a two-stage least squares approach and instrumental variables that proxy participation constraints to binding incentive contracts. We find the...

1. Introduction to the handbook on the human impact of agriculture / Harvey S. James, Jr. -- Part I. Impacts of agricultural institutions and organizations -- 2. How farm consolidation affects farmers and farmworkers / James M. MacDonald -- 3. The real game of chicken: The tournament, broiler...

Organizational and contract economics have achieved an increasingly important role in analyses of the food, agribusiness, and agricultural sectors. In particular, formal theoretical models of contract design and firm integration have begun to appear in the leading agricultural economics...

A sustainable and equitable food and agricultural system cannot exist unless market participants perceive they are participating in a fair marketplace. Because claims of unfairness are made when expectations are violated, assessing claims of unfairness require that we understand how, where and...