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Although sharecropping has long fascinated economists, the determinants of this contractual form are still poorly understood and the debate over the extent of moral hazard is far from settled. The authors address both issues by emphasizing the role of landlord supervision. When tenant effort is...
Persistent link: https://www.econbiz.de/10010521782
Though sharecropping remains widespread, its determinants are still poorly understood and the debate over the extent of moral hazard is far from settled. We address both issues by analyzing the role of landlord supervision. When landlords vary in their cost of supervision, otherwise identical...
Persistent link: https://www.econbiz.de/10012562712
Over the last two decades development policy has touted civic participation as a magic bullet for solving problems at the local level from improving livelihoods, to selecting beneficiaries for public programs, providing housing after earthquakes and floods, or improving village infrastructure....
Persistent link: https://www.econbiz.de/10012562783
Although sharecropping has long fascinated economists, the determinants of this contractual form are still poorly understood and the debate over the extent of moral hazard is far from settled. The authors address both issues by emphasizing the role of landlord supervision. When tenant effort is...
Persistent link: https://www.econbiz.de/10012552575
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