|
|
|
|
LEADER |
01000caa a22002652 4500 |
001 |
JST004701208 |
003 |
DE-627 |
005 |
20240619131323.0 |
007 |
cr uuu---uuuuu |
008 |
150323s2000 xx |||||o 00| ||eng c |
035 |
|
|
|a (DE-627)JST004701208
|
035 |
|
|
|a (JST)1244613
|
040 |
|
|
|a DE-627
|b ger
|c DE-627
|e rakwb
|
041 |
|
|
|a eng
|
100 |
1 |
|
|a Goodhue, Rachael E.
|e verfasserin
|4 aut
|
245 |
1 |
0 |
|a Broiler Production Contracts as a Multi-Agent Problem: Common Risk, Incentives and Heterogeneity
|
264 |
|
1 |
|c 2000
|
336 |
|
|
|a Text
|b txt
|2 rdacontent
|
337 |
|
|
|a Computermedien
|b c
|2 rdamedia
|
338 |
|
|
|a Online-Ressource
|b cr
|2 rdacarrier
|
520 |
|
|
|a The broiler industry presents two puzzles regarding production contracts: why do processors control growers' inputs, and why do they use a statistically insufficient estimator to calculate growers' compensation? This paper provides an agency theoretic framework that explains these puzzles in terms of processors' response to grower heterogeneity and production risk and to grower risk aversion. Processors control inputs to reduce the information rents paid to agents. By forcing agents to bear additional income risk through the use of an imprecise estimator, processors can increase profits, due to the combined moral hazard-adverse selection nature of the informational problem.
|
540 |
|
|
|a Copyright 2000 American Agricultural Economics Association
|
650 |
|
4 |
|a agency theory
|
650 |
|
4 |
|a production contracts
|
650 |
|
4 |
|a Mathematics
|x Applied mathematics
|x Statistics
|x Applied statistics
|x Inferential statistics
|x Statistical estimation
|x Estimation methods
|x Estimators
|
650 |
|
4 |
|a Business
|x Business economics
|x Commercial production
|x Production factors
|x Production costs
|
650 |
|
4 |
|a Law
|x Civil law
|x Contract law
|x Contracts
|
650 |
|
4 |
|a Economics
|x Microeconomics
|x Economic costs and benefits
|x Economic costs
|x Capital costs
|
650 |
|
4 |
|a Economics
|x Economic disciplines
|x Financial economics
|x Finance
|x Financial analysis
|x Risk management
|x Risk aversion
|
650 |
|
4 |
|a Biological sciences
|x Agriculture
|x Agricultural sciences
|x Animal science
|x Animal husbandry
|x Animal production
|x Broiler production
|
650 |
|
4 |
|a Mathematics
|x Pure mathematics
|x Algebra
|x Arithmetic mean
|
650 |
|
4 |
|a Economics
|x Economic disciplines
|x Financial economics
|x Finance
|x Financial analysis
|x Risk management
|x Adverse selection
|
650 |
|
4 |
|a Behavioral sciences
|x Behavioral economics
|x Behavioral finance
|x Financial incentives
|x Contract incentives
|
650 |
|
4 |
|a Physical sciences
|x Physics
|x Microphysics
|x Quantum mechanics
|x Uncertainty principle
|
655 |
|
4 |
|a research-article
|
773 |
0 |
8 |
|i Enthalten in
|t American Journal of Agricultural Economics
|d Oxford University Press
|g 82(2000), 3, Seite 606-622
|w (DE-627)323607349
|w (DE-600)2026345-4
|x 14678276
|7 nnns
|
773 |
1 |
8 |
|g volume:82
|g year:2000
|g number:3
|g pages:606-622
|
856 |
4 |
0 |
|u https://www.jstor.org/stable/1244613
|3 Volltext
|
912 |
|
|
|a GBV_USEFLAG_A
|
912 |
|
|
|a SYSFLAG_A
|
912 |
|
|
|a GBV_JST
|
912 |
|
|
|a GBV_ILN_11
|
912 |
|
|
|a GBV_ILN_20
|
912 |
|
|
|a GBV_ILN_22
|
912 |
|
|
|a GBV_ILN_23
|
912 |
|
|
|a GBV_ILN_24
|
912 |
|
|
|a GBV_ILN_31
|
912 |
|
|
|a GBV_ILN_32
|
912 |
|
|
|a GBV_ILN_39
|
912 |
|
|
|a GBV_ILN_40
|
912 |
|
|
|a GBV_ILN_60
|
912 |
|
|
|a GBV_ILN_62
|
912 |
|
|
|a GBV_ILN_63
|
912 |
|
|
|a GBV_ILN_69
|
912 |
|
|
|a GBV_ILN_70
|
912 |
|
|
|a GBV_ILN_73
|
912 |
|
|
|a GBV_ILN_74
|
912 |
|
|
|a GBV_ILN_90
|
912 |
|
|
|a GBV_ILN_95
|
912 |
|
|
|a GBV_ILN_100
|
912 |
|
|
|a GBV_ILN_105
|
912 |
|
|
|a GBV_ILN_110
|
912 |
|
|
|a GBV_ILN_120
|
912 |
|
|
|a GBV_ILN_121
|
912 |
|
|
|a GBV_ILN_138
|
912 |
|
|
|a GBV_ILN_150
|
912 |
|
|
|a GBV_ILN_151
|
912 |
|
|
|a GBV_ILN_152
|
912 |
|
|
|a GBV_ILN_161
|
912 |
|
|
|a GBV_ILN_165
|
912 |
|
|
|a GBV_ILN_170
|
912 |
|
|
|a GBV_ILN_171
|
912 |
|
|
|a GBV_ILN_184
|
912 |
|
|
|a GBV_ILN_187
|
912 |
|
|
|a GBV_ILN_206
|
912 |
|
|
|a GBV_ILN_213
|
912 |
|
|
|a GBV_ILN_224
|
912 |
|
|
|a GBV_ILN_230
|
912 |
|
|
|a GBV_ILN_252
|
912 |
|
|
|a GBV_ILN_285
|
912 |
|
|
|a GBV_ILN_293
|
912 |
|
|
|a GBV_ILN_370
|
912 |
|
|
|a GBV_ILN_374
|
912 |
|
|
|a GBV_ILN_602
|
912 |
|
|
|a GBV_ILN_636
|
912 |
|
|
|a GBV_ILN_647
|
912 |
|
|
|a GBV_ILN_702
|
912 |
|
|
|a GBV_ILN_2001
|
912 |
|
|
|a GBV_ILN_2003
|
912 |
|
|
|a GBV_ILN_2004
|
912 |
|
|
|a GBV_ILN_2005
|
912 |
|
|
|a GBV_ILN_2006
|
912 |
|
|
|a GBV_ILN_2007
|
912 |
|
|
|a GBV_ILN_2008
|
912 |
|
|
|a GBV_ILN_2009
|
912 |
|
|
|a GBV_ILN_2010
|
912 |
|
|
|a GBV_ILN_2011
|
912 |
|
|
|a GBV_ILN_2014
|
912 |
|
|
|a GBV_ILN_2015
|
912 |
|
|
|a GBV_ILN_2018
|
912 |
|
|
|a GBV_ILN_2020
|
912 |
|
|
|a GBV_ILN_2021
|
912 |
|
|
|a GBV_ILN_2025
|
912 |
|
|
|a GBV_ILN_2026
|
912 |
|
|
|a GBV_ILN_2027
|
912 |
|
|
|a GBV_ILN_2031
|
912 |
|
|
|a GBV_ILN_2034
|
912 |
|
|
|a GBV_ILN_2037
|
912 |
|
|
|a GBV_ILN_2038
|
912 |
|
|
|a GBV_ILN_2039
|
912 |
|
|
|a GBV_ILN_2043
|
912 |
|
|
|a GBV_ILN_2044
|
912 |
|
|
|a GBV_ILN_2048
|
912 |
|
|
|a GBV_ILN_2049
|
912 |
|
|
|a GBV_ILN_2050
|
912 |
|
|
|a GBV_ILN_2055
|
912 |
|
|
|a GBV_ILN_2056
|
912 |
|
|
|a GBV_ILN_2057
|
912 |
|
|
|a GBV_ILN_2059
|
912 |
|
|
|a GBV_ILN_2061
|
912 |
|
|
|a GBV_ILN_2064
|
912 |
|
|
|a GBV_ILN_2065
|
912 |
|
|
|a GBV_ILN_2068
|
912 |
|
|
|a GBV_ILN_2070
|
912 |
|
|
|a GBV_ILN_2088
|
912 |
|
|
|a GBV_ILN_2093
|
912 |
|
|
|a GBV_ILN_2098
|
912 |
|
|
|a GBV_ILN_2106
|
912 |
|
|
|a GBV_ILN_2107
|
912 |
|
|
|a GBV_ILN_2108
|
912 |
|
|
|a GBV_ILN_2110
|
912 |
|
|
|a GBV_ILN_2111
|
912 |
|
|
|a GBV_ILN_2112
|
912 |
|
|
|a GBV_ILN_2113
|
912 |
|
|
|a GBV_ILN_2116
|
912 |
|
|
|a GBV_ILN_2118
|
912 |
|
|
|a GBV_ILN_2119
|
912 |
|
|
|a GBV_ILN_2122
|
912 |
|
|
|a GBV_ILN_2129
|
912 |
|
|
|a GBV_ILN_2143
|
912 |
|
|
|a GBV_ILN_2144
|
912 |
|
|
|a GBV_ILN_2145
|
912 |
|
|
|a GBV_ILN_2147
|
912 |
|
|
|a GBV_ILN_2148
|
912 |
|
|
|a GBV_ILN_2152
|
912 |
|
|
|a GBV_ILN_2153
|
912 |
|
|
|a GBV_ILN_2158
|
912 |
|
|
|a GBV_ILN_2188
|
912 |
|
|
|a GBV_ILN_2190
|
912 |
|
|
|a GBV_ILN_2232
|
912 |
|
|
|a GBV_ILN_2336
|
912 |
|
|
|a GBV_ILN_2446
|
912 |
|
|
|a GBV_ILN_2470
|
912 |
|
|
|a GBV_ILN_2472
|
912 |
|
|
|a GBV_ILN_2507
|
912 |
|
|
|a GBV_ILN_2522
|
912 |
|
|
|a GBV_ILN_2548
|
912 |
|
|
|a GBV_ILN_2810
|
912 |
|
|
|a GBV_ILN_2938
|
912 |
|
|
|a GBV_ILN_2941
|
912 |
|
|
|a GBV_ILN_2949
|
912 |
|
|
|a GBV_ILN_2950
|
912 |
|
|
|a GBV_ILN_4012
|
912 |
|
|
|a GBV_ILN_4035
|
912 |
|
|
|a GBV_ILN_4037
|
912 |
|
|
|a GBV_ILN_4046
|
912 |
|
|
|a GBV_ILN_4112
|
912 |
|
|
|a GBV_ILN_4125
|
912 |
|
|
|a GBV_ILN_4126
|
912 |
|
|
|a GBV_ILN_4242
|
912 |
|
|
|a GBV_ILN_4246
|
912 |
|
|
|a GBV_ILN_4249
|
912 |
|
|
|a GBV_ILN_4251
|
912 |
|
|
|a GBV_ILN_4277
|
912 |
|
|
|a GBV_ILN_4305
|
912 |
|
|
|a GBV_ILN_4306
|
912 |
|
|
|a GBV_ILN_4307
|
912 |
|
|
|a GBV_ILN_4313
|
912 |
|
|
|a GBV_ILN_4322
|
912 |
|
|
|a GBV_ILN_4323
|
912 |
|
|
|a GBV_ILN_4324
|
912 |
|
|
|a GBV_ILN_4325
|
912 |
|
|
|a GBV_ILN_4326
|
912 |
|
|
|a GBV_ILN_4328
|
912 |
|
|
|a GBV_ILN_4333
|
912 |
|
|
|a GBV_ILN_4334
|
912 |
|
|
|a GBV_ILN_4335
|
912 |
|
|
|a GBV_ILN_4336
|
912 |
|
|
|a GBV_ILN_4338
|
912 |
|
|
|a GBV_ILN_4346
|
912 |
|
|
|a GBV_ILN_4367
|
912 |
|
|
|a GBV_ILN_4392
|
912 |
|
|
|a GBV_ILN_4393
|
912 |
|
|
|a GBV_ILN_4700
|
912 |
|
|
|a GBV_ILN_4753
|
951 |
|
|
|a AR
|
952 |
|
|
|d 82
|j 2000
|e 3
|h 606-622
|