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| Ibro, Germaine; Fulton, Joan R.; Lowenberg-DeBoer, James. |
| Kosai, a deep-fat fried fritter made from cowpea, is an important product for economic development and poverty alleviation. Kosai is sold as street food almost exclusively by women entrepreneurs who use the money they earn from selling kosai on savings and daily expenditures for their family. In addition, cowpea is the more important indigenous African legume and kosai production uses a significant amount of cowpea. Data was collected, via personal interviews, with about 400 vendors in three different cities in the West African country of Niger. Results revealed that vendors with more experience were more likely to be successful. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Community/Rural/Urban Development. |
| Ano: 2006 |
URL: http://purl.umn.edu/21160 |
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| Otoo, Miriam; Fulton, Joan R.; Wu, Steven Y.; Ibro, Germaine. |
| 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 contract and discretionary bonus contract (most incomplete). Gift contracts and standard price contracts involve an upfront payment of grinding fees where discretionary bonus contracts involve payment after the quality of service is observed. Gift contracts were found to be the most ex-ante efficient with the highest acceptance rates. Discretionary bonus contracts (most incomplete) were the most ex-post efficient that is, resulted in the highest quality. Our results suggest that the degree of... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Incomplete contracts; Street food vendors; Experimental economics; International Development. |
| Ano: 2010 |
URL: http://purl.umn.edu/61458 |
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