Fukunaga, Keita; Huffman, Wallace E. - 2010
-rent contracts in U.S. agriculture. The focus is on the contribution of explanatory variables that represent transaction costs, risk … Survey (AELOS) and finds mixed evidence for low transaction cost and risk-sharing-incentive motives for landlord … risk averse. Although it is standard to control for the riskiness of the principal's task that is contracted, we find that …
