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An Analysis of the Role of Uncertainty in the Marketing of Perishable Products

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  • Fraser, R.W.

Abstract

This paper analyses the problem of marketing uncertainty for producers of perishable products. It argues that there are two main features to this marketing uncertainty: uncertainty of demand at the market price due to quality considerations; and uncertainty of transport services associated with the independence and cost of such services. Moreover a negative correlation between the uncertainties of demand and transport services may be shown theoretically to be an additional cost for producers, and as such may be sufficient to create a reversal of supply response to a given change in market conditions.
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Suggested Citation

  • Fraser, R.W., 1994. "An Analysis of the Role of Uncertainty in the Marketing of Perishable Products," Discussion Papers 232262, University of Western Australia, School of Agricultural and Resource Economics.
    • Handle: RePEc:ags:uwapdp:232262
    DOI: 10.22004/ag.econ.232262
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    File URL: https://ageconsearch.umn.edu/record/232262/files/uwa-discussionpapers-001-094.pdf
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    References listed on IDEAS

    as
    1. R.W. Fraser, 1991. "Price‐Support Effects On Ec Producers," Journal of Agricultural Economics, Wiley Blackwell, vol. 42(1), pages 1-10, January.
    2. Sandmo, Agnar, 1971. "On the Theory of the Competitive Firm under Price Uncertainty," American Economic Review, American Economic Association, vol. 61(1), pages 65-73, March.
    3. R. W. Fraser & R. J. Van Noorden, 1983. "Extraction of an Exhaustible Resource: The Effects on Investment of Several Parameters Being Subject to Uncertainty," The Economic Record, The Economic Society of Australia, vol. 59(4), pages 365-374, December.
    4. repec:bla:ecorec:v:59:y:1983:i:167:p:365-74 is not listed on IDEAS
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    2. Hennessy, David A. & Wei, Wei, 2000. "Decisions and tradable production quota when yield is uncertain," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 44(2), pages 1-15.
    3. Hugo Pedro Boff, 2004. "The Supply Of Perishable Goods," Econometric Society 2004 Latin American Meetings 306, Econometric Society.
    4. Hugo Pedro Boff, 2001. "A oferta de Bens Perecíveis: Estimativas para o Mercado Varejista Carioca," Anais do XXIX Encontro Nacional de Economia [Proceedings of the 29th Brazilian Economics Meeting] 052, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    5. Park, Timothy A. & Lohr, Luanne, 1996. "Wholesaler Markup Decisions Under Demand Uncertainty," Faculty Series 16699, University of Georgia, Department of Agricultural and Applied Economics.
    6. Hoffmann, Irene & Bernhard, Judith, 2007. "Meat marketing in Burkina Faso after the devaluation of the FCFA: Insights into the functioning of informal market systems," Food Policy, Elsevier, vol. 32(2), pages 229-245, April.

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