Purpose – The purpose of this paper is to present a simple model to demonstrate how a trade‐off between incomplete contract distortions and excessive governance costs determine an agricultural firm's organizational choices. Design/methodology/approach – In this paper, it is argued that the...

This article examines the effect on wages of the Asian-American stereotype as mathematically and technically adept, and the role this stereotype may play in explaining racial wage differences. We propose an empirical strategy to examine the influence of stereotypes on labor market outcomes, with...