COMPETITION AND PRICE RELATIONSHIPS FOR AN ELECTRONIC MARKET

Thomas Sporleder () and Phil L. Colling

No 278102, 1986 Annual Meeting, July 27-30, Reno, Nevada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: A typical structural characterization of producer-first handler commodity markets is competitive sellers facing oligopsonistic buyers. New evidence is presented which suggests that each additional bidder in an electronic market results in nearly 3 percent added to price, net of the effects of quality and location variables. This evidence reinforces the importance of buyer competition to producers.

Keywords: Marketing; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 14
Date: 1986-07
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea86:278102

DOI: 10.22004/ag.econ.278102

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