Chaudhuri, Sarbajit; Banerjee, Asis Kumar - In: Indian Economic Review 39 (2004) July, pp. 327-348
This paper builds a model of fragmented duopsony in backward agriculture following Basu and Bell (1991) in which the purchasers (traders) have captive markets each but compete in a contested market. We focus on the formation of captive markets through trader-farmer interlinkage in the form of...