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The Unsupportable Support Price: The Government in Paddy Auctions of Northern India

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  • Meenakshi J V

Abstract

The present paper studies a regulated market for parmal paddy in the state of Haryana in North India, with a view to address several objectives. To analyse many questions, simple models of open, ascending auctions are analysed. Although many lots of parmal are auctioned each day, they are extremely heterogeneous in quality. On any given day, we rarely observe several lots of identical quality being sold. Therefore the theory of auctions of a single object is used as a framework for analysis. [CDE WP 94].

Suggested Citation

  • Meenakshi J V, 2007. "The Unsupportable Support Price: The Government in Paddy Auctions of Northern India," Working Papers id:1212, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:1212
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