Over the past five years or so, applied economists have been relying increasingly on subjective perceptions to explain behavior. In Bellemare (2009a, 2009b) I elicited from landlords subjective perception of tenurial insecurity as a result of the land tenancy contract they signed with their...

While most studies looking at the consequences of tenurial insecurity on land markets in developing countries focus on the effects of tenurial insecurity on the investment behavior of landowners, this paper studies the hitherto unexplored relationship between tenurial insecurity and contract...