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Simulating the Performance of a Multiple Exchange Mechanism Market

Author

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  • Kilmer, Richard L.
  • Ward, Ronald W.

Abstract

The impact of a monopolist or monopsonist on the price and output performance in comparison with perfectly competitive markets is well documented. These markets are coordinated through spot market exchanges.

Suggested Citation

  • Kilmer, Richard L. & Ward, Ronald W., 1982. "Simulating the Performance of a Multiple Exchange Mechanism Market," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 14(2), pages 17-21, December.
    • Handle: RePEc:cup:jagaec:v:14:y:1982:i:02:p:17-21_02
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    References listed on IDEAS

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    1. Kenneth J. Arrow, 1975. "Vertical Integration and Communication," Bell Journal of Economics, The RAND Corporation, vol. 6(1), pages 173-183, Spring.
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    Cited by:

    1. Kilmer, Richard L. & Armbruster, Walter J., 1984. "Methods For Evaluating Economic Efficiency In Agricultural Marketing," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 16(1), pages 1-9, July.
    2. Martinez, Steve & Zering, Kelly, 1997. "Vertical Coordination and Consumer Welfare: The Case of the Pork Industry," Agricultural Economic Reports 262048, United States Department of Agriculture, Economic Research Service.
    3. Martinez, Steve W. & Smith, Kevin E. & Zering, Kelly D., 1998. "Analysis of Changing Methods of Vertical Coordination in the Pork Industry," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 30(2), pages 301-311, December.
    4. Miller, Stephen E., 1984. "Discussion: Methods For Evaluating Economic Efficiency In Agricultural Marketing," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 16(1), pages 1-3, July.

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