CONTRACT STRUCTURE, LEARNING-BY-DOING AND THE VIABILITY OF NEW AGRICULTURAL INDUSTRIES
No hay miniatura disponible
Fecha
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
Resumen
Descripción
The paper examines contracts in new agricultural industries that exhibit learning-by-doing. A dynamic model analyzes a contract's effect on production decisions, as well as investments in processing capacity and learning. The results of the model are applied qualitatively to the biomass electricity industry.