Agricultural Marketing : Structural Models for Price Analysis.

The price of food has become very volatile in recent years for a variety of reasons, including a strengthened connection between the prices of agricultural commodities and other commodities such as oil and metals, more volatile production due to more frequent droughts and floods, and a rising demand...

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Bibliographic Details
Main Author: Vercammen, James
Format: eBook
Language:English
Published: Hoboken : Taylor & Francis, 2011.
Subjects:
Online Access:Click for online access
Table of Contents:
  • Agricultural Marketing Structural models for price analysis; Copyright; Contents; List of figures; List of tables; Preface; 1 Introduction; 1.1 Background; 1.2 Specific topics; 1.3 Motivating data; 1.4 Outline of this book; 2 Prices over space; 2.1 Introduction; 2.2 Basic model; 2.3 Spatial pricing case study; 2.4 Case study results; 2.5 Concluding comments; Questions; 3 Prices over time (storage); 3.1 Introduction; 3.2 Two-period model of storage; 3.3 T-period model of storage with no uncertainty; 3.4 Storage problem case study; 3.5 Storage model with uncertainty; 3.6 Concluding comments.
  • QuestionsAppendix 3.1; 4 Prices over time (commodity futures); 4.1 Introduction; 4.2 A model of commodity futures; 4.3 Commodity futures model application; 4.4 Convenience yield; 4.5 Concluding comments; Questions; Appendix 4.1; 5 Prices over form (quality); 5.1 Introduction; 5.2 Grading and quality-dependent price premiums; 5.3 LOP model of blending and grading; 5.4 Wheat protein case study; 5.5 Simulation results; 5.6 Concluding comments; Questions; Appendix 5.1; 6 Prices linkages across commodity markets; 6.1 Introduction; 6.2 Invisible hand in multi-markets; 6.3 Simulation model.
  • 6.4 Model calibration6.5 Simulation results; 6.6 Concluding comments; Questions; 7 Marketing margins in vertical supply chains; 7.1 Introduction; 7.2 Demand for differentiated products; 7.3 Equilibrium pricing; 7.4 Model entry and solution procedure; 7.5 Simulation results; 7.6 Concluding comments; Questions; Appendix 7.1; 8 Auctions and competitive bidding; 8.1 Introduction; 8.2 Base model; 8.3 Mixed strategies; 8.4 Simulation model; 8.5 Concluding comments; Questions; Appendix 8.1; 9 Bargaining in bilateral exchange; 9.1 Introduction; 9.2 Model; 9.3 Bargaining equilibrium with S[sub(P)] = 0.
  • 9.4 Additional results9.5 An example from Australia's dairy industry; 9.6 Concluding comments; Questions; Notes; Annotated bibliography; Index.