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A Market Analysis Of Dairy Compacts Using A Model Of Discriminatory Pricing

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  • Bailey, Kenneth W.

Abstract

This article evaluates the market impacts of forming regional dairy compacts. The economic tradeoffs between dairy farmers, consumers, processors, and retailers is studied. A discriminatory pricing model is developed that solves for the manufacturing milk price. This model evaluates the market impacts of regional dairy compacts under revised federal milk marketing orders and illustrates the economic tradeoffs.

Suggested Citation

  • Bailey, Kenneth W., 1999. "A Market Analysis Of Dairy Compacts Using A Model Of Discriminatory Pricing," 1999 Annual meeting, August 8-11, Nashville, TN 21516, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea99:21516
    DOI: 10.22004/ag.econ.21516
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    References listed on IDEAS

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    1. Ippolito, Richard A & Masson, Robert T, 1978. "The Social Cost of Government Regulation of Milk," Journal of Law and Economics, University of Chicago Press, vol. 21(1), pages 33-65, April.
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