In this article, we estimate a Green and Porter (GP 1984) trigger pricing model to analyze weekly marketing margin data for the U.S. beef packing industry from 1992-2000. Oligopsonists are hypothesized to follow a discontinuous pricing strategy in equilibrium, and we focus on shocks in the...

Shifts in the relative importance of alternative coordination arrangements among agricultural producers and processors, and particularly shifts from spot market transactions to forward contracts or vertical integration, may have substantial impacts on the control of agricultural production and...