Share contracts and their rationale: Lessons from marine fishing

摘要: Most of the existing literature on share contracts is based explicitly or implicitly agriculture, a sector in which are seldom dominant and apparently decline. Moreover, since agricultural activities have some rather special characteristics, purpose present article to analyse contractual choice especially dominant, namely fishing. In process explaining dominance fishing, also explains (a) heretofore neglected features these contracts, such as way shares calculated treatment repair maintenance expenditures, (b) nature extent interlinked transactions, (c) exceptional cases where not used, (d) relevance varying environmental conditions those poor developing countries differences therein between...