The Sugar Institute Learns to Organize Information Exchange
This paper describes information exchange under the Sugar Institute, the trade association of U.S. domestic sugar cane refiners, between 1928 and 1936. The Institute collected production and delivery data from the individual firms and returned i t to them in aggregated form. Attempts to exchange sales data were stymied by the larger firms. Surprisingly, there is no indication of misreporting of statistics by Institute members, although statistics were, at times, withheld. The paper concentrates o n the evolution of the Institute. Proposals for successor organizations show that a workable mechanism required greater discretion to the central authority and greater voting right to the larger firms.
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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Green, Edward J. & Porter, Robert H., 1982. "Noncooperative Collusion Under Imperfect Price Information," Working Papers 367, California Institute of Technology, Division of the Humanities and Social Sciences.
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"Risk and Revelation: Changing the Value of Information,"
London School of Economics and Political Science, vol. 65(258), pages 247-61, May.
- Creane, A., 1993. "Risk and Revelation: Changing the Value of Information," Papers 9209, Michigan State - Econometrics and Economic Theory.
- Ellison, Sara Fisher & Mullin, Wallace P, 1995. "Economics and Politics: The Case of Sugar Tariff Reform," Journal of Law and Economics, University of Chicago Press, vol. 38(2), pages 335-66, October.
- Romer, Christina D, 1990.
"The Great Crash and the Onset of the Great Depression,"
The Quarterly Journal of Economics,
MIT Press, vol. 105(3), pages 597-624, August.
- Christina D. Romer, 1988. "The Great Crash and the Onset of the Great Depression," NBER Working Papers 2639, National Bureau of Economic Research, Inc.
- Alfred D. Chandler, 1969. "Strategy and Structure: Chapters in the History of the American Industrial Enterprise," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262530090, August.
- William Novshek & Hugo Sonnenschein, 1982. "Fulfilled Expectations Cournot Duopoly with Information Acquisition and Release," Bell Journal of Economics, The RAND Corporation, vol. 13(1), pages 214-218, Spring.
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