Challenges to Farm Produce Marketing: A Model of Bargaining between Farmers and Middlemen under Risk
We present a model of bargaining between farmers and middlemen in which long-term risk considerations by farmers constrain their ability to engage in hard bargaining. In order to avoid the risk of middlemen exiting their region in the future due to hard bargaining, farmers settle for lower prices fo...
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| Format: | Article |
| Language: | English |
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Western Agricultural Economics Association
2017-09-01
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| Series: | Journal of Agricultural and Resource Economics |
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| Online Access: | https://ageconsearch.umn.edu/record/264068 |