Regulating Broiler Contracts: Tournaments Versus Fixed Performance Standards
Author
Abstract
Suggested Citation
DOI: 10.22004/ag.econ.21833
Download full text from publisher
Other versions of this item:
- Theofanis Tsoulouhas & Tomislav Vukina, 2001. "Regulating Broiler Contracts: Tournaments Versus Fixed Performance Standards," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(4), pages 1062-1073.
References listed on IDEAS
- Lazear, Edward P & Rosen, Sherwin, 1981.
"Rank-Order Tournaments as Optimum Labor Contracts,"
Journal of Political Economy, University of Chicago Press, vol. 89(5), pages 841-864, October.
- Edward P. Lazear & Sherwin Rosen, 1979. "Rank-Order Tournaments as Optimum Labor Contracts," NBER Working Papers 0401, National Bureau of Economic Research, Inc.
- Tsoulouhas, Theofanis, 1999. "Do tournaments solve the two-sided moral hazard problem?," Journal of Economic Behavior & Organization, Elsevier, vol. 40(3), pages 275-294, November.
- Charles R. Knoeber & Walter N. Thurman, 1995. ""Don't Count Your Chickens...": Risk and Risk Shifting in the Broiler Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(3), pages 486-496.
- Theofanis Tsoulouhas & Tomislav Vukina, 1999. "Integrator Contracts with Many Agents and Bankruptcy," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(1), pages 61-74.
- Brickley, James A & Dark, Frederick H & Weisbach, Michael S, 1991.
"The Economic Effects of Franchise Termination Laws,"
Journal of Law and Economics, University of Chicago Press, vol. 34(1), pages 101-132, April.
- Brickley, J.A. & Dark, F.H. & Weisbach, M.S., 1988. "The Economic Effects Of Franchise Termination Laws," Papers 88-11, Rochester, Business - Managerial Economics Research Center.
- Knoeber, Charles R, 1989. "A Real Game of Chicken: Contracts, Tournaments, and the Production of Broilers," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 5(2), pages 271-292, Fall.
- Grossman, Sanford J & Hart, Oliver D, 1983.
"An Analysis of the Principal-Agent Problem,"
Econometrica, Econometric Society, vol. 51(1), pages 7-45, January.
- Sanford Grossman & Oliver Hart, "undated". "An Analysis of the Principal-Agent Problem," Rodney L. White Center for Financial Research Working Papers 15-80, Wharton School Rodney L. White Center for Financial Research.
- Sanford J Grossman & Oliver D Hart, 2001. "An Analysis of the Principal-Agent Problem," Levine's Working Paper Archive 391749000000000339, David K. Levine.
- Bengt Holmstrom, 1982.
"Moral Hazard in Teams,"
Bell Journal of Economics, The RAND Corporation, vol. 13(2), pages 324-340, Autumn.
- Bengt Holmstrom, 1981. "Moral Hazard in Teams," Discussion Papers 471, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Howard Beales, J. III & Muris, Timothy J., 1995. "The foundations of franchise regulation: Issues and evidence," Journal of Corporate Finance, Elsevier, vol. 2(1-2), pages 157-197, October.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Helal, Uddin, 2002. "Protecting Contract Growers Of Broiler Chicken Industry," 2002 Annual meeting, July 28-31, Long Beach, CA 19834, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Zhen Wang & Tomislav Vukina, 2017. "Welfare effects of payment truncation in piece rate tournaments," Journal of Economics, Springer, vol. 120(3), pages 219-249, April.
- Tsoulouhas, Theofanis, 1999. "Do tournaments solve the two-sided moral hazard problem?," Journal of Economic Behavior & Organization, Elsevier, vol. 40(3), pages 275-294, November.
- Vukina, Tomislav, 2001. "Vertical Integration And Contracting In The U.S. Poultry Sector," Journal of Food Distribution Research, Food Distribution Research Society, vol. 32(2), pages 1-10, July.
- Marinakis, Kosmas & Tsoulouhas, Theofanis, 2013.
"Are tournaments optimal over piece rates under limited liability for the principal?,"
International Journal of Industrial Organization, Elsevier, vol. 31(3), pages 223-237.
- Kosmas Marinakis & Theofanis Tsoulouhas, 2006. "Are Tournaments Optimal over Piece Rates under Limited Liability for the Principal?," Working Paper Series 009, North Carolina State University, Department of Economics, revised Sep 2006.
- Theofanis Tsoulouhas, 2017. "Do tournaments solve the adverse selection problem?," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 26(3), pages 675-690, September.
- Olesen, Henrik Ballebye & Olsen, Rene H., 2001. "Discrimination and Strategic Group Division in Tournaments," Unit of Economics Working Papers 24183, Royal Veterinary and Agricultural University, Food and Resource Economic Institute.
- Armando Levy & Tomislav Vukina, 2004. "The League Composition Effect in Tournaments with Heterogeneous Players: An Empirical Analysis of Broiler Contracts," Journal of Labor Economics, University of Chicago Press, vol. 22(2), pages 353-378, April.
- Eduard Marinov, 2016. "The 2016 Nobel Prize in Economics," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 6, pages 97-149.
- Goodhue, Rachael E., 1998. "Input Control and Common Risk: Addressing Agent Heterogenity and Risk Aversion in the Presence of Moral Hazard," Working Papers 225885, University of California, Davis, Department of Agricultural and Resource Economics.
- Thomsen, Michael R. & Goodwin, Harold L., Jr. & Rodriquez, Angela, 2004. "The Sky Is Falling: An Examination Of Broiler Contract Design And Grower Revenues," 2004 Annual meeting, August 1-4, Denver, CO 20418, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Kellner, Christian, 2015. "Tournaments as a response to ambiguity aversion in incentive contracts," Journal of Economic Theory, Elsevier, vol. 159(PA), pages 627-655.
- Olesen, H. B., 2003. "Contract production of peas," Food Policy, Elsevier, vol. 28(1), pages 29-50, February.
- Oindrila Dey & Swapnendu Banerjee, 2022.
"Incentives, Status and Thereafter: A Critical Survey,"
South Asian Journal of Macroeconomics and Public Finance, , vol. 11(1), pages 95-115, June.
- Dey, Oindrila & Banerjee, Swapnendu, 2010. "Incentive, status and thereafter: A critical survey," MPRA Paper 57058, University Library of Munich, Germany.
- Scott Shane, 2001. "Organizational Incentives and Organizational Mortality," Organization Science, INFORMS, vol. 12(2), pages 136-160, April.
- Donald Vandegrift & Abdullah Yavas & Paul Brown, 2007. "Incentive effects and overcrowding in tournaments: An experimental analysis," Experimental Economics, Springer;Economic Science Association, vol. 10(4), pages 345-368, December.
- Craig A. Depken II & Lisa E. Haglund, 2011.
"Peer Effects in Team Sports: Empirical Evidence From NCAA Relay Teams,"
Journal of Sports Economics, , vol. 12(1), pages 3-19, February.
- Craig A. Depken, II & Lisa E. Haglund, 2007. "Peer Effects in Team Sports: Empirical Evidence from NCAA Relay Teams," Working Papers 0729, International Association of Sports Economists;North American Association of Sports Economists.
- Sudhir A. Shah, 2006. "On The Optimal Coordination Of Uninformed Agents By An Informed Principal," Working papers 147, Centre for Development Economics, Delhi School of Economics.
- Aditya U. Kulkarni & Christian Wernz, 2020. "Optimal incentives for teams: a multiscale decision theory approach," Annals of Operations Research, Springer, vol. 288(1), pages 307-329, May.
- repec:eee:labchp:v:3:y:1999:i:pb:p:2485-2563 is not listed on IDEAS
- Goodhue, Rachael E. & Rausser, Gordon C. & Simon, Leo K., 2000.
"Processor placements and producer incentives: analyzing broiler chicken production contracts,"
Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series
qt2tc2g983, Department of Agricultural & Resource Economics, UC Berkeley.
- Goodhue, Rachael & Rausser, Gordon & Simon, Leo, 2000. "Processor Placements and Producer Incentives: Analyzing Broiler Chicken Production Contracts," CUDARE Working Papers 198671, University of California, Berkeley, Department of Agricultural and Resource Economics.
More about this item
Keywords
Industrial Organization; Livestock Production/Industries;Statistics
Access and download statisticsCorrections
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:ags:aaea00:21833. 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.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.