Kuiper, W. Erno; Meulenberg, Matthew T.G. - In: Agribusiness 18 (2002) 3, pp. 317-331
Here we detail a method to test whether or not retailers allow suppliers to set the wholesale price not only on the basis of the costs faced by the suppliers but also on the basis of consumer demand. Using standard theory, long-run price relationships between the stages in the channel are...