Price Scissors as a Dangerous Gap between the Price Projections of Supply and Demand
Vladimir Kossov
HSE Working papers from National Research University Higher School of Economics
Abstract:
The forecast of commodity prices for the upcoming years yields two different prices: one for the producer (seller) and another for the consumer (buyer). Usually, an imperfect market gap between these two prices is not accidental. Strong differences between the views of buyers and sellers are analogous to a dialogue between the deaf and the blind. Thus, a third party, such as the government, is required in order to facilitate communication between the two parties
Keywords: producer and seller price forecast; producer (seller) price – supply side; consumer (buyer) price – demand side (search for similar items in EconPapers)
JEL-codes: D4 H2 L5 (search for similar items in EconPapers)
Pages: 9 pages
Date: 2015
New Economics Papers: this item is included in nep-for and nep-mkt
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Citations:
Published in WP BRP Series: Management / MAN, December 2015, pages 1-9
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Persistent link: https://EconPapers.repec.org/RePEc:hig:wpaper:46man2015
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