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Library Institutions and properties of the transaction: influences on land rental contract design in Poland

Institutions and properties of the transaction: influences on land rental contract design in Poland

Institutions and properties of the transaction: influences on land rental contract design in Poland

Resource information

Date of publication
December 2005
Resource Language
ISBN / Resource ID
AGRIS:US2016215410

The article analyses influences on the design of land rental contracts in Poland. Attention is paid to the effect of both the properties of the transaction as identified in Transaction Cost Economics (asset-specificity, uncertainty, frequency) and the features of the institutional environment (legal as well as customary rules) as studied by the Economics of Property Rights. The conclusion is that institutional influences have a very strong effect and should not be disregarded in the explanation of contract choice.

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Authors and Publishers

Author(s), editor(s), contributor(s)

Hurrelmann, Annette

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Geographical focus