Agricultural marketing : structural models for price analysis / by James Vercammen.
Material type:
TextSeries: Routledge textbooks in environmental and agricultural economicsPublication details: Abingdon, Oxon ; New York : Routledge, 2011.Description: xiv, 222 p. : ill. ; 24 cmISBN: - 9780415480437 (hb)
- 0415480434 (hb)
- 9780415480444 (pb)
- 0415480442 (pb)
- 9780203828311 (eb)
- 0203828313 (eb)
- 630.68/8 22
- HD1447 .V467 2011
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Includes bibliographical references and index.
Introduction -- Prices over space -- Prices over time (storage) -- Prices over time (commodity futures) -- Prices over form (quality) -- Prices linkages across commodity markets -- Marketing margins in vertical supply chains -- Auctions and competitive bidding -- Bargaining in bilateral exchange.
This book builds on the various theories of commodity price relationships in competitive markets over space, time and form. It also builds on the various theories of commodity price relationships in markets that are non-competitive because processing firms exploit market power, private information distorts commodity bidding, and bargaining is required to establish prices when the marketing transaction involves a single seller and buyer.
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