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North American agricultural economists are beginning to reexamine fundamental issues in the theory of agricultural cooperation. Since 1980, a number of researchers have explored the basic nature of farmer cooperation; the theoretical benefits and limits to cooperative enterprise; and the...
Persistent link: https://www.econbiz.de/10009368246
Some critics of the cooperative farm supply system point to an erosion of member loyalty and suggest that it indicates that farm supply cooperatives are not currently meeting the needs of their farmer-members. This paper discusses the commitment problem within a transaction-cost-economics...
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The magnitude and direction of trade flows in cattle and beef, and how cattle production and beef consumption adjust in response to more open trade in the Central Corridor (an acronym for the sub-region that includes Ghana, Cote d'Ivoire, Mali, and Burkina Faso) have been estimated. A...
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Current buying and selling practices among grocery manufacturers and distributors reduce the efficiency of the food distribution system. This article applies the concept of positive feedback to explain the evolution of the system to its current situation. The study also uses concepts from game...
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