A Comercialização dos Produtos Orgânicos na Feira Agroecológica de Maceió/AL: Uma Avaliação sob a Lógica da Teoria dos Custos de Transação

The Marketing of Organic Products at the Agroecological Fair Maceio, AL: An Evaluation in The Logic of Transaction Cost Theory

André Lages and Luciano Celso Brandão Guerreiro Barbosa

MPRA Paper from University Library of Munich, Germany

Abstract: The Theory of the Costs of Transaction disciplines that in a certain market there must exist a flow of information, in way to propitiate a favorable atmosphere to the decrease of the uncertainty and asymmetry of information that would avoid the fraud attitudes and consequently the reduction of the transaction costs. In the organic agriculture the certification formally established it is the only instrument that guarantees that the product can really be classified as organic. This essay starts from the presupposition that a solid institutional ambient can guarantee a reputation to the producer and the retail companies giving to the consumer the faith in their words even without the presence of a formal organic certification and reducing the transaction costs. It is tried to answer the following inquiries: (i) can the transaction costs be reduced by the relationship of trust among the producers/merchants to the consumers and retail companies and of the retail companies for the consumers? (ii) will the consumer be able to, to have certainty that is acquiring a product classify as organic, given there is an asymmetry of information in certain situations and the actions opportunists' latent possibility? The conclusion was that, the transaction costs regarding commercialization of the organic products of the Fair Agroecológica of Maceió, they can be decreased having a favorable atmosphere to attitudes opportunists, uncertainty and a high situation of asymmetry of information, once the consumer possesses the faith that it is consuming a product of organic origin, based on his/her trust relationship with the producers/merchants and of the support of SEBRAE/AL corroborating the hypothesis that a solid institutional atmosphere should reduce the uncertainties and to inhibit the practices opportunists on the side of the agents.

Keywords: trust; organic agriculture and theory of the transaction cost (search for similar items in EconPapers)
JEL-codes: D02 N56 Q13 (search for similar items in EconPapers)
Date: 2007-11-18
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in Economia Política do Desenvolvimento number 01.vol 01(2008): pp. 65-86

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/29373/1/MPRA_paper_29373.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/30114/1/MPRA_paper_30114.pdf revised version (application/pdf)

Related works:
Working Paper: A COMERCIALIZAÇÃO DOS PRODUTOS ORGÂNICOS NA FEIRA AGROECOLÓGICA DE MACEIÓ/AL: UMA AVALIAÇÃO SOB A LÓGICA DA TEORIA DOS CUSTOS DE TRANSAÇÃO (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:29373

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().