The introduction of a centralized institution for trading production rights in quota-regulated agricultural sectors can dramatically improve the flow of information among market participants and increase efficiency. On the other hand, prevailing conditions in these small markets can provide...

This dissertation examines the effects of commodity market liberalization on the farmer's price. Chapter two of this dissertation presents a theoretical model of commodity market liberalization which aims to analyze the impact of market liberalization on the farmer's price. This monopsony-type...