IDEAS home Printed from https://ideas.repec.org/h/pal/psachp/978-3-031-76487-5_6.html
   My bibliography  Save this book chapter

Why, When and How Do Firms Contract?

Author

Listed:
  • Sudha Narayanan

    (International Food Policy Research Institute)

Abstract

The first stage of the contracting process involves a firm weighing its options to decide its procurement strategies, before it chooses its procurement shed and farmers to recruit. In the context of globalized agribusinesses, these could involve decisions on plural ways of sourcing produce, which regions of the world to operate in. In the context of local businesses there can be a choice of which villages or clusters of community to select. These decisions often precede the selection of farmers themselves. This chapter proposes that these be viewed as a portfolio allocation problem where firms carefully balance the risks and costs of different options, at varying scales—at the level of regions, communities and farmers.

Suggested Citation

  • Sudha Narayanan, 2025. "Why, When and How Do Firms Contract?," Palgrave Studies in Agricultural Economics and Food Policy,, Palgrave Macmillan.
    • Handle: RePEc:pal:psachp:978-3-031-76487-5_6
    DOI: 10.1007/978-3-031-76487-5_6
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:psachp:978-3-031-76487-5_6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.