Hudson, Darren; Lusk, Jayson - In: Journal of Agricultural & Food Industrial Organization 2 (2007) 1, pp. 1046-1046
Contracting is a contentious issue in agriculture. Competing theories assert that risk or transactions cost drive … contracting decisions, with some argument that autonomy also plays a role. We examine preferences for different contract … transactions cost play a role in contracting decisions. Autonomy also plays a role, especially to the extent that producers wish to …