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Unravelling the informal silage maize trade: a multi-agent modelling approach

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  • Mertens, Anouk
  • Monderlaers, Koen
  • Claeys, Dakerlia
  • Lauwers, Ludwig H.
  • Buysse, Jeroen

Abstract

This short poster paper presents ongoing research on the informal silage maize trade between specialised dairy farmers in Flanders, Belgium. We investigated the influence of transaction costs on the silage maize trade market. Additionally, we investigated the influence of the establishment of biogas plants on silage maize prices. The research indicates that with increasing transaction costs, trade between farmers declines. Furthermore, in the presence of a biogas plant, silage maize prices increase, whereas transaction distances increase.

Suggested Citation

  • Mertens, Anouk & Monderlaers, Koen & Claeys, Dakerlia & Lauwers, Ludwig H. & Buysse, Jeroen, 2014. "Unravelling the informal silage maize trade: a multi-agent modelling approach," 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia 182956, European Association of Agricultural Economists.
  • Handle: RePEc:ags:eaae14:182956
    DOI: 10.22004/ag.econ.182956
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    References listed on IDEAS

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    1. Klos, Tomas B. & Nooteboom, Bart, 2001. "Agent-based computational transaction cost economics," Journal of Economic Dynamics and Control, Elsevier, vol. 25(3-4), pages 503-526, March.
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    Cited by:

    1. Bartoli, A. & Cavicchioli, D. & Kremmydas, D. & Rozakis, S. & Olper, A., 2016. "The impact of different energy policy options on feedstock price and land demand for maize silage: The case of biogas in Lombardy," Energy Policy, Elsevier, vol. 96(C), pages 351-363.

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