Krah, Kwabena; Maertens, Annemie; Mhango, Wezi; … - 2021
This paper documents the role of village fairness norms in land markets. We establish a strong and robust relationship … between experimentally elicited village-level fairness norms and land rental markets across 250 villages in Malawi. Stronger … fairness norms correlate with a tighter range in rental rates. Fairness norms for tenants predominate and land-rental price …