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Information Asymmetry As A Reason For Vertical Integration

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  • Hennessy, David A.

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"Information Asymmetry as a Reason for Vertical Integration." In the Proceedings of the NE-165 Conference titled Strategy and Policy in the Food System: Emerging Issues, Washington, D.C., June 20-21, 1996
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Suggested Citation

  • Hennessy, David A., 1997. "Information Asymmetry As A Reason For Vertical Integration," Strategy and Policy in the Food System: Emerging Issues, June 20-21, 1996, Washington, D.C. 25945, Regional Research Project NE-165 Private Strategies, Public Policies, and Food System Performance.
  • Handle: RePEc:ags:rpssiw:25945
    DOI: 10.22004/ag.econ.25945
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    References listed on IDEAS

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    1. Caswell, Julie A & Jensen, Helen H., 1994. "Food Safety and Nutrition Policy," Staff General Research Papers Archive 841, Iowa State University, Department of Economics.
    2. Hirshleifer, David, 1989. "Futures Trading, Storage, and the Division of Risk: A Multiperiod Analysis," Economic Journal, Royal Economic Society, vol. 99(397), pages 700-719, September.
    3. Rosengren, Eric S & Meehan, James W, Jr, 1994. "Empirical Evidence on Vertical Foreclosure," Economic Inquiry, Western Economic Association International, vol. 32(2), pages 303-317, April.
    4. Nancy E. Bockstael, 1984. "The Welfare Implications of Minimum Quality Standards," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(4), pages 466-471.
    5. Hurt, Christopher, 1994. "Industrialization in the Pork Industry," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 9(4), pages 1-5.
    6. Williamson, Oliver E, 1971. "The Vertical Integration of Production: Market Failure Considerations," American Economic Review, American Economic Association, vol. 61(2), pages 112-123, May.
    7. V. James Rhodes, 1993. "Industrialization of Agriculture: Discussion," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(5), pages 1137-1139.
    8. Carlton, Dennis W, 1979. "Vertical Integration in Competitive Markets under Uncertainty," Journal of Industrial Economics, Wiley Blackwell, vol. 27(3), pages 189-209, March.
    9. Clement E. Ward, 1993. "Comparative analysis of cattle slaughtering and fabricating costs," Agribusiness, John Wiley & Sons, Ltd., vol. 9(5), pages 441-451.
    10. Joskow, Paul L, 1985. "Vertical Integration and Long-term Contracts: The Case of Coal-burning Electric Generating Plants," Journal of Law, Economics, and Organization, Oxford University Press, vol. 1(1), pages 33-80, Spring.
    11. Drabenstott, Mark, 1994. "Industrialization: Steady Current or Tidal Wave?," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 9(4), pages 1-5.
    12. V. James Rhodes, 1995. "The Industrialization of Hog Production," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 17(2), pages 107-118.
    13. Rotemberg, Julio J, 1991. "A Theory of Inefficient Intrafirm Transactions," American Economic Review, American Economic Association, vol. 81(1), pages 191-209, March.
    14. 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.
    15. Alan Barkema, 1993. "Reaching Consumers in the Twenty-First Century: The Short Way Around the Barn," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(5), pages 1126-1131.
    16. Mercier, Stephanie & Hyberg, Bengt, 1995. "Grain Quality Revisited," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 10(1), pages 1-4.
    17. Alan Barkema & Mark Drabenstott & Kelly Welch, 1991. "The quiet revolution in the U.S. food market," Economic Review, Federal Reserve Bank of Kansas City, vol. 76(May), pages 25-41.
    18. Joskow, Paul L, 1987. "Contract Duration and Relationship-Specific Investments: Empirical Evidence from Coal Markets," American Economic Review, American Economic Association, vol. 77(1), pages 168-185, March.
    19. Kenneth J. Arrow, 1975. "Vertical Integration and Communication," Bell Journal of Economics, The RAND Corporation, vol. 6(1), pages 173-183, Spring.
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    Cited by:

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    2. Sartorius, K & Kirsten, J, 2002. "Can Small-Scale Farmers Be Linked To Agribusiness? The Timber Experience," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 41(4).
    3. Maze, Armelle, 2005. "Integrated Agriculture Labelling and consumer information: retailer's strategies and regulatory issues in the European context," 2005 Annual meeting, July 24-27, Providence, RI 19175, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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