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Perch fisherman in the Great Lakes yellow perch industry are found to use informal vertical exchange relationships which bind together fishermen and buyers through "moral obligations." These exchange arrangements while providing an assured outlet also raise substantial entry and exist barriers...
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Mathematical programming models, as typically formulated for international trade applications, may contain certain implied restrictions limiting price responsiveness, intermediate product flows, and arbitrage possibilities. These restrictions are especially important in the case of dairy, and...
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