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Multiple Leasing under Cropshare Tenancy — A Note

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  • M.A. Taslim

Abstract

This paper attempts to explain the perplexing tendency to multiple leasing by both landlords and tenants in some countries. It shows that if the negotiation of share contracts involves significant transaction costs and there is some uncertainty regarding the output on tenanted plots, a risk‐averse landlord maximizing expected utility will find it in his advantage to subdivide his land among several tenants and also permit his tenant to lease land from other landlords.

Suggested Citation

  • M.A. Taslim, 1990. "Multiple Leasing under Cropshare Tenancy — A Note," Agricultural Economics, International Association of Agricultural Economists, vol. 4(1), pages 91-98, April.
    • Handle: RePEc:bla:agecon:v:4:y:1990:i:1:p:91-98
    DOI: 10.1111/j.1574-0862.1990.tb00107.x
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    Cited by:

    1. M. A. Taslim, 1992. "Labour Market Dualism, Threat Of Eviction And Cropshare Tenancy," Journal of Agricultural Economics, Wiley Blackwell, vol. 43(1), pages 43-55, January.
    2. M. A. Taslim, 1992. "A Survey of Theories of Cropshare Tenancy," The Economic Record, The Economic Society of Australia, vol. 68(3), pages 254-275, September.

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