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2006-05-09
英文文献:Understanding Production Contracts: Testing An Agency Theory Model
英文文献作者:Goodhue, Rachael E.,Rausser, Gordon C.,Simon, Leo K.
英文文献摘要:
Production contracts are increasingly important in American agriculture. Unfortunately, little is known about the fundamental forces governing their adoption and design. In order to better-understand the underlying incentives, we construct and test an agency-theoretic model of broiler production contracts. We discuss the analysis' implications for industry participants and government policy.
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