FARMERS' PREFERENCES FOR CROP CONTRACTS

dc.creatorLajili, Kaouthar
dc.creatorBarry, Peter J.
dc.creatorSonka, Steven T.
dc.creatorMahoney, Joseph T.
dc.date2017-04-01T20:05:17Z
dc.date.accessioned2026-07-09T04:10:56Z
dc.descriptionAn empirical approach combining elements of principal-agent theory and transaction cost economics is used to determine farmers' preferences for contract terms in crop production. The approach is tested by asking grain farmers to rank contract choices and specify price premiums in simulated case situations. The statistical results indicate that farmers' preferences for rates of cost sharing, price premiums, and financing arrangements are significantly influenced by asset specialization and uncertainty associated with the case situations, and by selected business and personal characteristics.
dc.identifierdoi:10.22004/ag.econ.30859
dc.identifierhttps://ageconsearch.umn.edu/record/30859/files/22020264.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/30859
dc.identifier.urihttp://hdl.handle.net/123456789/546028
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/30859
dc.titleFARMERS' PREFERENCES FOR CROP CONTRACTS
dc.typeText

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