Risk Sharing is a strategic allocation mechanism within contractual arrangements whereby parties distribute potential losses and uncertainties associated with performance outcomes in accordance with their respective risk-bearing capacities and control rights.
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Incentives and Risk Sharing in Sharecropping
Joseph E. Stiglitz · The Review of Economic Studies · 1974 · 1.4K citations
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National Bureau of Economic Research
Cambridge, United States
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Centre for Economic Policy Research
London, United Kingdom
16 h-index
28 publications
2K citations
University of California, Berkeley
Berkeley, United States
15 h-index
23 publications
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University of Amsterdam
Amsterdam, The Netherlands
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University of Michigan
Ann Arbor, United States
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Massachusetts Institute of Technology
Cambridge, United States
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Urbana, United States
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680 citations
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Waterloo, Canada
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14 publications
485 citations
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JET · 14 publications · 902 citations
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