9780260640291 - Price Determination Processes: Issues and Evaluation (Classic Reprint) di Forker, Olan D. (1 risultati)

Paperback. Condizione: New. Print on Demand. This book is an indispensable resource for those interested in developing a comprehensive understanding of the mechanisms and processes involved in price determination for agricultural products. Beginning with an examination of the relationship between trading systems and their performance, the author presents a set of criteria for evaluating the performance of transaction systems, including considerations such as price stability, competition, and the satisfaction of buyers and sellers. Further chapters detail various existing price discovery processes currently employed in agriculture, from organized exchanges and futures markets to formula pricing, committee pricing, and group bargaining. Crucially, the author also explores the impact of policy decisions and industry trade organization choices on the viability and performance of these different arrangements. The book concludes that the optimal price discovery process and mechanism will depend on the specific commodity and market conditions, emphasizing the need for careful evaluation and consideration of the potential consequences of alternative arrangements. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.