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The Role of Risk in Farmland Contract Choices

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  • Arnold, Chelsea
  • Yu, Jisang
  • Taylor, Mykel
  • Palm-Forster, Leah H.
  • Banjeree, Simanti

Abstract

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Suggested Citation

  • Arnold, Chelsea & Yu, Jisang & Taylor, Mykel & Palm-Forster, Leah H. & Banjeree, Simanti, 2023. "The Role of Risk in Farmland Contract Choices," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 48(2), May.
    • Handle: RePEc:ags:jlaare:320681
    DOI: 10.22004/ag.econ.320681
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    References listed on IDEAS

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    1. Thomas Dohmen & Armin Falk & David Huffman & Uwe Sunde & Jürgen Schupp & Gert G. Wagner, 2011. "Individual Risk Attitudes: Measurement, Determinants, And Behavioral Consequences," Journal of the European Economic Association, European Economic Association, vol. 9(3), pages 522-550, June.
    2. Keita Fukunaga & Wallace E. Huffman, 2009. "The Role of Risk and Transaction Costs in Contract Design: Evidence from Farmland Lease Contracts in U.S. Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 91(1), pages 237-249.
    3. Maddala,G. S., 1986. "Limited-Dependent and Qualitative Variables in Econometrics," Cambridge Books, Cambridge University Press, number 9780521338257, January.
    4. Bengt Holmstrom, 1979. "Moral Hazard and Observability," Bell Journal of Economics, The RAND Corporation, vol. 10(1), pages 74-91, Spring.
    5. Zhang, Hongliang & Mu, Jianhong E. & McCarl, Bruce A., 2018. "Adaptation to climate change via adjustment in land leasing: Evidence from dryland wheat farms in the U.S. Pacific Northwest," Land Use Policy, Elsevier, vol. 79(C), pages 424-432.
    6. Todd H. Kuethe & Brian Briggeman & Nicholas D. Paulson & Ani L. Katchova, 2014. "A comparison of data collected through farm management associations and the Agricultural Resource Management Survey," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 74(4), pages 492-500, October.
    7. James Bryan & B. James Deaton & Alfons Weersink, 2015. "Do Landlord-Tenant Relationships Influence Rental Contracts for Farmland or the Cash Rental Rate?," Land Economics, University of Wisconsin Press, vol. 91(4), pages 650-663.
    8. Allen, Douglas & Lueck, Dean, 1992. "Contract Choice in Modern Agriculture: Cash Rent versus Cropshare," Journal of Law and Economics, University of Chicago Press, vol. 35(2), pages 397-426, October.
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