On the actual topic of your post, Bob Chambers and I wrote an article on exploitation in agrarian contracts, using a principal-agent approach. Looking at my records, it seems it got rejected everywhere, and we eventually included it as a chapter in our book on state-contingent production.
Key idea" With extra-contract exploitative investment by the landlord, hidden action may play a positive social role by limiting the landlord's ability to exploit the peasant"
On the actual topic of your post, Bob Chambers and I wrote an article on exploitation in agrarian contracts, using a principal-agent approach. Looking at my records, it seems it got rejected everywhere, and we eventually included it as a chapter in our book on state-contingent production.
Key idea" With extra-contract exploitative investment by the landlord, hidden action may play a positive social role by limiting the landlord's ability to exploit the peasant"
https://www.dropbox.com/scl/fi/5dhmiod7x6li1671jahxa/Chambers-R.G.-and-Quiggin-J.-2001-Exploitation-and-efficiency-in-agrarian-contracts.pdf?rlkey=zz76squ2ztxq73pqlkuxtnb38&dl=0
Have I mentioned before that Ali Khan is a friend we have in common ?
Yes! He admires you greatly