论分成制下的道德风险与成本分担

On Moral Hazard and Cost Sharing under Sharecropping

American Journal of Agricultural Economics · 1987
被引 41
人大 AABS 3

中文导读

证明,当佃农的投入不可观测时,若将标准模型扩展至农村市场不完善和交易关联的情形,边际成本分担(而非一次性转移)就会出现,因为投入的机会成本对地主和佃农不同。

Abstract

Abstract In this article we show that when the tenant's input use is not observable by the landlord, there will be cost sharing at the margin (instead of a lump sum transfer) if the standard model is extended to include cases of imperfection and interlinkage of transactions in rural markets, thus making the opportunity cost of inputs different for the landlord and the tenant.

道德风险成本分摊分成租佃农村市场不完善