A Principal-Agent Model for Regional Pest Control Adoption
Nicolas B. C. Ahouissoussi
Journal of Agricultural and Applied Economics, 1995, vol. 27, issue 1, 301-309
Abstract:
Investigating the underlying producer characteristics associated with regional pest control adoption revealed an interesting proposition. Early adopting producers of firm-specific techniques with characteristics including higher education, more specialized operations, and larger sized business units are dissatisfied with a regional pest control technique. This study provides an explanation of the proposition based on a principal-agent model. Empirical support for the proposition is also presented by developing a multinomial logit model for predicting producers' dissatisfaction with boll weevil eradication.
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jagaec:v:27:y:1995:i:01:p:301-309_01
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