Long term contracts and farm inflexibility premium in the production of cellulosic ethanol
Farmers will supply the raw ingredients for the emerging cellulosic ethanol industry. The long-term relationship between a farmer and a processing firm is expected to be contractual. A processing firm has an incentive to sign long-term contracts to ensure a cost-efficient level of raw ingredient sup...
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Language: | English |
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University of British Columbia
2008
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Online Access: | http://hdl.handle.net/2429/706 |