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PRICE DISCOVERY MECHANISMS AND ALTERNATIVES FOR CANADIAN AGRICULTURE; Part II: A Review of Pricing Mechanisms from the Economic Literature

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  • Mussell, Al

Abstract

The purpose of this study is to review pricing mechanisms discussed in the academic literature. The role of a pricing mechanism in a supply chain for a specialty farm good is to: · Allocation of supply chain profits and costs · Induce effort and investment · Price according to value and product quality

Suggested Citation

  • Mussell, Al, 2003. "PRICE DISCOVERY MECHANISMS AND ALTERNATIVES FOR CANADIAN AGRICULTURE; Part II: A Review of Pricing Mechanisms from the Economic Literature," Miscellaneous Publications 18100, George Morris Center.
  • Handle: RePEc:ags:gmcemp:18100
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    File URL: http://purl.umn.edu/18100
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    1. Charles R. Knoeber & Walter N. Thurman, 1995. ""Don't Count Your Chickens...": Risk and Risk Shifting in the Broiler Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(3), pages 486-496.
    2. Jerry R. Skees & Michael R. Reed, 1986. "Rate Making for Farm-Level Crop Insurance: Implications for Adverse Selection," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(3), pages 653-659.
    3. Vaysman, Igor, 1998. "A model of negotiated transfer pricing," Journal of Accounting and Economics, Elsevier, vol. 25(3), pages 349-384, June.
    4. Brent Hueth & Ethan Ligon, 2001. "Agricultural Markets as Relative Performance Evaluation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(2), pages 318-328.
    5. Theofanis Tsoulouhas & Tomislav Vukina, 1999. "Integrator Contracts with Many Agents and Bankruptcy," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(1), pages 61-74.
    6. Jerry R. Skees & J. Roy Black & Barry J. Barnett, 1997. "Designing and Rating an Area Yield Crop Insurance Contract," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(2), pages 430-438.
    7. Hueth, Brent & Ligon, Ethan & Wolf, Stephen & Wu, Steven, 1999. "Incentive Instruments in Agricultural Contracts: Input Control, Monitoring, Quality Measurement, and Price Risk," Staff General Research Papers Archive 5237, Iowa State University, Department of Economics.
    8. Brent Hueth & Ethan Ligon, 2002. "Estimation of an efficient tomato contract," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 29(2), pages 237-253, June.
    9. Brent Hueth & Ethan Ligon & Steven Wolf & Steven Wu, 1999. "Incentive Instruments in Fruit and Vegetable Contracts: Input Control, Monitoring, Measuring, and Price Risk," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 21(2), pages 374-389.
    10. Colbert, Gary J. & Spicer, Barry H., 1995. "A multi-case investigation of a theory of the transfer pricing process," Accounting, Organizations and Society, Elsevier, vol. 20(6), pages 423-456, August.
    11. Holmstrom, Bengt & Tirole, Jean, 1991. "Transfer Pricing and Organizational Form," Journal of Law, Economics, and Organization, Oxford University Press, vol. 7(2), pages 201-228, Fall.
    12. Alexander, Corinne E. & Goodhue, Rachael E. & Rausser, Gordon C., 2000. "Do Quality Incentives Matter?," Working Papers 11946, University of California, Davis, Department of Agricultural and Resource Economics.
    13. Ronen, Joshua, 1974. "Social costs and benefits and the transfer pricing problem," Journal of Public Economics, Elsevier, vol. 3(1), pages 71-82, February.
    14. Brent Hueth & Ethan Ligon, 1999. "Producer Price Risk and Quality Measurement," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(3), pages 512-524.
    15. Konstantinos Giannakas, 2002. "Information Asymmetries and Consumption Decisions in Organic Food Product Markets," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 50(1), pages 35-50, March.
    16. Rachael E. Goodhue, 1999. "Input Control in Agricultural Production Contracts," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 81(3), pages 616-620.
    17. Ronen, Joshua, 1992. "Transfer pricing reconsidered," Journal of Public Economics, Elsevier, vol. 47(1), pages 125-136, February.
    18. Hueth, Brent & Ligon, Ethan, 2001. "Estimation Of An Optimal Tomato Contract," 2001 Annual meeting, August 5-8, Chicago, IL 20560, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    19. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, Oxford University Press, vol. 84(3), pages 488-500.
    20. Lehman, Dale E & Weisman, Dennis L, 1996. "Telephone Pools and Economic Incentives," Journal of Regulatory Economics, Springer, vol. 10(2), pages 123-146, September.
    21. Mario J. Miranda, 1991. "Area-Yield Crop Insurance Reconsidered," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(2), pages 233-242.
    22. Groves, Theodore & Loeb, Martin, 1976. "Reflections on `social costs and benefits and the transfer pricing problem'," Journal of Public Economics, Elsevier, vol. 5(3-4), pages 353-359.
    23. repec:bla:joares:v:26:y:1988:i:2:p:300-314 is not listed on IDEAS
    24. James Vercammen & Murray Fulton & Charles Hyde, 1996. "Nonlinear Pricing Schemes for Agricultural Cooperatives," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(3), pages 572-584.
    25. Hueth, Brent & Melkonyan, Tigran A., 2001. "Quality Measurement And Contract Design: An Example From Agriculture," 2001 Annual meeting, August 5-8, Chicago, IL 20583, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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    Keywords

    Demand and Price Analysis;

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