This volume aims at covering the variety of issues lying at the intersection of the modern theory of Industrial Organization and of the more traditional Agricultural Economics. The book is divided into three main sections. Each of them includes contributions which are particularly relevant for a better understanding of one or several of the following key issues: the organization of agriculture and its mechanisms, the extent of the market power in agri-food industries and, more generally, the failures of agricultural markets, and finally the nature of government's intervention in these...
This volume aims at covering the variety of issues lying at the intersection of the modern theory of Industrial Organization and of the more tradition...
Economics has much to do with incentives--not least, incentives to work hard, to produce quality products, to study, to invest, and to save. Although Adam Smith amply confirmed this more than two hundred years ago in his analysis of sharecropping contracts, only in recent decades has a theory begun to emerge to place the topic at the heart of economic thinking. In this book, Jean-Jacques Laffont and David Martimort present the most thorough yet accessible introduction to incentives theory to date. Central to this theory is a simple question as pivotal to modern-day management as it is to...
Economics has much to do with incentives--not least, incentives to work hard, to produce quality products, to study, to invest, and to save. Althou...