Credit-Output Interlinked Contracts: The Relationships Between Traders and Farmers
Sotomayor, Narda Lizette
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https://hdl.handle.net/2142/83026
Description
Title
Credit-Output Interlinked Contracts: The Relationships Between Traders and Farmers
Author(s)
Sotomayor, Narda Lizette
Issue Date
1998
Doctoral Committee Chair(s)
Nelson, Charles H.
Department of Study
Agricultural Economics
Discipline
Agricultural Economics
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
Ph.D.
Degree Level
Dissertation
Keyword(s)
Economics, Finance
Language
eng
Abstract
Within the repeated game framework, changes in the length of the review period, the farmer's probability of success, the reservation utilities of the parties, and their risk aversion are analyzed. In general, these changes affect the system of incentives designed to promote contract compliance, and therefore, the behavior of the parties and the conditions of the contracts.
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