---
entity_slug: farm_rent
evaluator: null
evaluated_at: '2026-02-23T05:27:24.449251'
overall_score: 4.6
scores:
- name: definition_precision
  value: 4.0
  max_value: 5.0
  rationale: The definition clearly distinguishes farm rent as a fixed annual payment
    for revenue collection rights, contrasting it with percentage-based arrangements.
    It provides specific context about medieval economic systems and town revenue
    collection, making the concept distinct and well-bounded.
- name: source_grounding
  value: 5.0
  max_value: 5.0
  rationale: This entity is directly grounded in Smith's discussion of towns being
    granted revenue collection rights "in farm" from Book III, Chapter 3. The concept
    accurately reflects Smith's analysis of how this practice transformed urban economic
    development and governance.
- name: domain_placement
  value: 5.0
  max_value: 5.0
  rationale: The "Regulation" domain assignment is highly appropriate since farm rents
    represent a regulatory mechanism for organizing revenue collection and governance
    structures. This concept fundamentally concerns how economic activities are regulated
    and administered rather than production or exchange.
- name: vsm_relevance
  value: 4.0
  max_value: 5.0
  rationale: Farm rent maps well to S3 (internal regulation/audit) as it represents
    a control mechanism for revenue collection and governance oversight. It also has
    elements of S2 (coordination) in how it structures relationships between different
    levels of authority in economic systems.
- name: explanatory_value
  value: 5.0
  max_value: 5.0
  rationale: This entity illuminates a crucial mechanism in Smith's analysis of how
    urban economic development was structured and incentivized through specific institutional
    arrangements. It explains how fixed payment systems created different incentive
    structures than variable revenue sharing, driving urban growth and self-governance.
---

# Evaluation: Farm Rent

## definition_precision — 4.0 / 5.0

The definition clearly distinguishes farm rent as a fixed annual payment for revenue collection rights, contrasting it with percentage-based arrangements. It provides specific context about medieval economic systems and town revenue collection, making the concept distinct and well-bounded.

## source_grounding — 5.0 / 5.0

This entity is directly grounded in Smith's discussion of towns being granted revenue collection rights "in farm" from Book III, Chapter 3. The concept accurately reflects Smith's analysis of how this practice transformed urban economic development and governance.

## domain_placement — 5.0 / 5.0

The "Regulation" domain assignment is highly appropriate since farm rents represent a regulatory mechanism for organizing revenue collection and governance structures. This concept fundamentally concerns how economic activities are regulated and administered rather than production or exchange.

## vsm_relevance — 4.0 / 5.0

Farm rent maps well to S3 (internal regulation/audit) as it represents a control mechanism for revenue collection and governance oversight. It also has elements of S2 (coordination) in how it structures relationships between different levels of authority in economic systems.

## explanatory_value — 5.0 / 5.0

This entity illuminates a crucial mechanism in Smith's analysis of how urban economic development was structured and incentivized through specific institutional arrangements. It explains how fixed payment systems created different incentive structures than variable revenue sharing, driving urban growth and self-governance.
