Now showing items 1-1 of 1

  • Moral Hazard and Marshallian Inefficiency: Evidence from Tunisia 

    Al, Chunrong; Arcand, Jean-Louis; Ethier, François (Université de Montréal. Département de sciences économiques., 1996)
    In the presence of moral hazard, received agency theory predicts the Marshallian inefficiency of agricultural tenancy contracts, meaning that inputs per hectare on sharecropped land will differ from that on owned land. in this paper, we test for the ...