Business Dynamics and Informal Contracts: Experimental Evidence from the Cowpea Street Food Sector in West Africa

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Otoo, Miriam; Fulton, Joan R.; Wu, Steven Y.; Ibro, Germaine;
  • Subject: Incomplete contracts, Street food vendors, Experimental economics, International Development,

We use field experiments in Niger to investigate the nature and efficiency of contractual structures in market transactions between kossai vendors and cowpea grinders (key input suppliers). Three contractual structures were employed: gift contract, standard price contra... View more
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