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- W1996412929 abstract "Models explaining the choice between rent, wage, and share contracts in agriculture abstract from the large variations within the classes of rent, share, and owner-managed forms of organization regarding the extent to which a specific form accommodates specialization between labor and management. As a result, modern explanations of agricultural organizations are misleadingly dependent on risk aversion or the assumption that landowners have an absolute advantage in production decisions. Viewing the agricultural firm as a constitution instead of as a nexus of contracts facilitates an agency explanation of alternative organizational forms and their amenability to specialization." @default.
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- W1996412929 date "1995-03-01" @default.
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- W1996412929 title "The nature of the agricultural firm" @default.
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- W1996412929 doi "https://doi.org/10.1016/0167-2681(94)00007-2" @default.
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