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The Impacts of Market Structure and Contracts on Agricultural Markets

Author

Listed:
  • Hudson, Darren
  • Anderson, John D.
  • Harri, Ardian
  • Turner, Steven C.

Abstract

Experimental markets were used to isolate the effects of market structure and contract design on market outcomes. Preliminary results suggest that market structure drives outcomes, and not necessarily contract design. Future research will replicate experiments and add dimensions of market information.

Suggested Citation

  • Hudson, Darren & Anderson, John D. & Harri, Ardian & Turner, Steven C., 2007. "The Impacts of Market Structure and Contracts on Agricultural Markets," 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama 34935, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saeasm:34935
    DOI: 10.22004/ag.econ.34935
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    File URL: https://ageconsearch.umn.edu/record/34935/files/sp07hu02.pdf
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    References listed on IDEAS

    as
    1. Hudson, Darren, 2003. "Problem Solving and Hypothesis Testing Using Economic Experiments," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 35(2), pages 1-11, August.
    2. Vernon L. Smith, 1962. "An Experimental Study of Competitive Market Behavior," Journal of Political Economy, University of Chicago Press, vol. 70(2), pages 111-111.
    3. repec:ags:joaaec:v:35:y:2003:i:2:p:337-347 is not listed on IDEAS
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    Cited by:

    1. Anderson, John D. & Hudson, Darren & Harri, Ardian & Turner, Steven C., 2007. "A New Taxonomy of Thin Markets," 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama 34826, Southern Agricultural Economics Association.

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