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Intertemporal discounting and tenurial contracts
Journal article   Peer reviewed

Intertemporal discounting and tenurial contracts

Jaideep Roy and Konstantinos Serfes
Journal of development economics, v 64(2), pp 417-436
01 Apr 2001

Abstract

Discount factor Tenurial contracts Two periods
A simple two-period model, without uncertainty and strategic complementarity in the labor market or asymmetric information of any kind, is employed to study the nature of contracts signed between a landlord and a tenant in a rural economy. The paper provides conditions under which different types of contracts may prevail.

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Economics
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