Title: Research on the Farm Products Pricing: Based on the Middle-profit-sharing Model
Abstract:This paper analyzes the major factors determining farmer's bargaining power in the situation of asymmetric information,and tries to provide a model of middle-profit-sharing between farmers and agent-o...This paper analyzes the major factors determining farmer's bargaining power in the situation of asymmetric information,and tries to provide a model of middle-profit-sharing between farmers and agent-organizations when they cooperate with each other.The model makes use of ex post profit-sharing to take place of ex ante bargaining to avoid the unavailability of contracts due to ex post Pareto change.Meanwhile,the paper introduces farmer cooperation to make the hypothesis in the model more reasonable based on the analysis of the model's limitation.Moreover,the application of the double principal-agent theory helps to build and perfect the market mechanism of farmer products trade.Read More
Publication Year: 2005
Publication Date: 2005-01-01
Language: en
Type: article
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Cited By Count: 1
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