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The nature of the farm :contracts, risk, and organization in agriculture
The Nature of the Farm is a theoretical and empirical study of contracts and organization in agriculture based on the transaction cost framework. Transaction costs are important in agriculture because nature (for example, seasonality, weather, pests) plays such a critical role in determining output and limiting the ability of farmers to specialize. The book develops specific models and tests th…
- Edition
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- ISBN/ISSN
- 9780262267014
- Collation
- 1 online resource (viii, 258 pages)
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