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Explaining Market and Enterprise Structures in the Food Marketing Chain

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  • Nightingale, John J.
  • Piggott, Roley R.
  • Griffith, Garry R.
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    Abstract

    Our objective in this paper is to review the origins and main points of theories of firm behaviour used in economic theory and strategic management, with particular reference to the food marketing chain. We argue that while neoclassical economics may provide a robust framework in which to understand market outcomes for long run atomistic competition, such as conventionally modelled by agricultural economists, modern developments in both economics and strategic management add substantially to our ability to explain firm and market structures in the food marketing chain.

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    File URL: http://purl.umn.edu/12939
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    Bibliographic Info

    Paper provided by University of New England, School of Economics in its series Working Papers with number 12939.

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    Date of creation: 2002
    Date of revision:
    Handle: RePEc:ags:uneewp:12939

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    Keywords: Industrial Organization; Marketing;

    References

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    1. Sydney Winter & Yuri Kaniovski & Giovanni Dosi, 1999. "Modeling Industrial Dynamics with Innovative Entrants," LEM Papers Series 1999/01, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    2. Griffith, Garry R., 2000. "Competition in the food marketing chain," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 44(3), September.
    3. Geoffrey M. Hodgson, 2002. "Darwinism in economics: from analogy to ontology," Journal of Evolutionary Economics, Springer, vol. 12(3), pages 259-281.
    4. Brian J. Loasby, 2000. "Market institutions and economic evolution," Journal of Evolutionary Economics, Springer, vol. 10(3), pages 297-309.
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