This paper analyzes the pricing and output decisions of a cooperative that purchases and processes an agricultural raw product from both member and nonmember producers. Because of the complexity of the optimality conditions, simulation analysis is used to demonstrate solutions for various scenarios under monopsony market structure.
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Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 1999 Annual meeting, August 8-11, Nashville, TN with number
21710.
Length: Date of creation: 1999 Date of revision: Handle: RePEc:ags:aaea99:21710
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