The contract theory and industrialization in a traditional agricultural society - a case analysis with reference to india
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
The drive for industrialization in India is not a recent move. The state governments are in competition among themselves to attract the industrialists for investments in their respective states. In this regard, the recent industrial endeavor in West Bengal has met with lot of trouble. The problem arose from the day when the state agency started with the land acquisition activity. Agricultural land was identified for the setting up of an industrial unit of a reputed industry group. Some of the land owners accepted the compensation package, which had been offered to them, while some others protested about the package and the acquisition. The present paper tries to analyze the situation through the formulation of a model of contract theory. The paper talks about the participation of the land owners and the acceptance of the compensation package by structuring suitable individual rationality constraint or participation constraint and incentive compatibility constraint. Lastly, the paper comes up with suggestive results for suitable compensation packages.
|Keywords||No keywords specified (fix it)|
No categories specified
(categorize this paper)
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library||
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Jeffrey Burkhardt (1986). Agribusiness Ethics: Specifying the Terms of the Contract. [REVIEW] Journal of Business Ethics 5 (4):333 - 345.
M. J. S. Hodge (2009). Capitalist Contexts for Darwinian Theory: Land, Finance, Industry and Empire. [REVIEW] Journal of the History of Biology 42 (3):399 - 416.
Jack A. Goldstone (2000). The Rise of the West-or Not? A Revision to Socio-Economic History. Sociological Theory 18 (2):175-194.
Anders J. Persson (2006). The Contract of Employment - Ethical Dimensions. Journal of Business Ethics 66 (4):407 - 415.
Jeffery A. Thompson & David W. Hart (2006). Psychological Contracts: A Nano-Level Perspective on Social Contract Theory. [REVIEW] Journal of Business Ethics 68 (3):229 - 241.
Emily Brady (2006). The Aesthetics of Agricultural Landscapes and the Relationship Between Humans and Nature. Ethics, Place and Environment 9 (1):1 – 19.
Christine Keating (2007). Framing the Postcolonial Sexual Contract: Democracy, Fraternalism, and State Authority in India. Hypatia 22 (4):130-145.
Kristin S. Shrader-Frechette (1988). Agriculture, Ethics, and Restrictions on Property Rights. Journal of Agricultural and Environmental Ethics 1 (1):21-40.
Brad Gilmour, Ted Huffman, Andy Terauds & Charles Jefferson (1996). Incentive Problems in Canada's Land Markets: Emphasis on Ontario. [REVIEW] Journal of Agricultural and Environmental Ethics 9 (1):16-41.
Added to index2009-01-28
Total downloads6 ( #211,419 of 1,099,868 )
Recent downloads (6 months)2 ( #189,854 of 1,099,868 )
How can I increase my downloads?