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Forward Contracting Specification Through Collective Bargaining

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  • Chin, Ming-Chin
  • Weaver, Robert D.

Abstract

Game-based bargaining theory is presented to evaluate the potential of and stability of cooperative coalition among producers for enhancing producer returns and managing market price and income risk. Results clarify that collective bargaining can increase and stabilize producer profits when they face a single processor.

Suggested Citation

  • Chin, Ming-Chin & Weaver, Robert D., 2004. "Forward Contracting Specification Through Collective Bargaining," 2004 Annual meeting, August 1-4, Denver, CO 20006, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea04:20006
    DOI: 10.22004/ag.econ.20006
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    References listed on IDEAS

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