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 …

data from representative surveys and artefactual or lab-on-the-field experiments in Lima, Peru. We employ three standard …We provide empirical evidence supporting a causal link between education and risk attitudes when using representative … experimental measures of risk attitudes and find that each is positively correlated with years of education. Furthermore, we …

Hog farmers’ preferences for autonomy are assessed through the use of eight questions dealing with their preferences … who placed lower values on autonomy finished hogs, were nearing retirement, valued social relationships with other farmers …

. This result is robust to the inclusion of individual risk measures and a broad array of controls. The findings also support …

data from representative surveys and artefactual or lab-on-the-field experiments in Lima, Peru. We employ three standard …We provide empirical evidence supporting a causal link between education and risk attitudes when using representative … experimental measures of risk attitudes and find that each is positively correlated with years of education. Furthermore, we …