Katchova, Ani L.; Sheldon, Ian M.; Miranda, Mario J. - In: Agribusiness 21 (2005) 3, pp. 409-428
In this paper, we estimate oligopoly and oligopsony price distortions in the U.S. potato chips and frozen French fries sectors, based on a linear-quadratic, multi-period optimization model of processors that face quadratic adjustment costs associated with a change in the processed quantity of...