Background: The study examined the impact of a contract farming scheme on the farmers’ income, food security, and nutrition. Methods: Simple random sampling was used to select 100 respondents for the study. Data were analyzed using descriptive and inferential statistics as well the Propensity Score Matching technique. Results: The major determinants of participation in contract farming included...

In a product market with price-sensitive demand, we examine supply chain consisting of one manufacturer and capital-constrained retailer. The retailer may purchase by borrowing securing confirmed warehouse financing (CWF) from competitive bank or the manufacturer's trade credit (TCF), provided that it is also to latter's benefit extend TCF. We obtain optimal pricing decision in two modes under ...

We show that repurchase agreements (repos) arise as the instrument of choice to borrow in a competitive model with limited commitment. The repo contract traded in equilibrium provides insurance against fluctuations in the asset price in states where collateral value is high and maximizes borrowing capacity when it is low. Haircuts increase both with counterparty risk and asset risk. In equilibr...

In this paper, we examine differences in default risks for formal, informal and semi-formal loans and analyze the determinants of default risks regarding the three credit sources, using household data for Vietnam. We find that smaller-sized households with collateral and/or a guarantor borrow primarily from formal and semi-formal lenders whereas female contractors, large-sized households and bo...

Sanctioning in the face of uncertainty has been investigated from the perspective of signaling models, in which an informed target sends a signal and the sanctioner decides to sanction or not. As the more powerful power, however, the sanctioner could take the lead rather than react to the action of the target. Borrowing from contract theory, I present a new approach to the sanctioning of a targ...

Various theories make predictions about the relative advantages of individual loans versus joint liability loans. If we imagine that lenders facing moral hazard make relative performance comparisons in determining stringency in repayment, then individual loans should vary positively with covariance of output across funded projects. Relatively new work also highlights inequality and heterogeneit...

1. Introduction A recurring theme in theoretical discussions of language contact is the question of borrowability—specifically, whether there are any substantive constraints governing the kinds of lexicon and structure that can be borrowed. Nowadays historical linguists are less likely to propose absolute constraints than they used to be, because everyone knows at least a few examples of 'odd' ...

We formulate and study the requirement on an allocation rule that no agent should be able to benefit by augmenting his endowment through borrowing resources from the outside world (alternatively, by simply exaggerating it). We show that the Walrasian rule is not “borrowing-proof” even on standard domains. More seriously, no efficient selection from the endowments-lower-bound correspondence, or ...

the obligation to disclose essential information is important either in theoretical and practical approach. this means that in order to enjoy the necessary knowledge to achieve decision-making and formation of contract, the information that is effective to create legal consent should be revealed to the opposite side. in franchise agreement; violation of this obligation that is one of accessorie...