WAEA Presidential Address: Evolution toward Private Negotiation as a Dominant Institution in Agribusiness Supply Chains: Implications, Challenges, and Opportunities

WAEA Presidential Address: Evolution toward Private Negotiation as a Dominant Institution in Agribusiness Supply Chains: Implications, Challenges, and Opportunities

This paper discusses the implications, challenges, and opportunities arising from increased contracting and the use of private negotiation as a trading institution within agribusiness supply chains. I address the following questions: (i) As these changes occur and private negotiation becomes a domin...

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Bibliographic Details
Main Author: Christopher T. Bastian
Format: Article
Language:English
Published: Western Agricultural Economics Association 2019-09-01
Series:Journal of Agricultural and Resource Economics
Subjects:
bargaining power
contracting
vertical coordination
Online Access:https://ageconsearch.umn.edu/record/292326
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spelling doaj-2b12546def8b49e4846ca4bf14a892af2020-11-25T02:42:33ZengWestern Agricultural Economics AssociationJournal of Agricultural and Resource Economics1068-55022327-82852019-09-0144345747310.22004/ag.econ.292326292326WAEA Presidential Address: Evolution toward Private Negotiation as a Dominant Institution in Agribusiness Supply Chains: Implications, Challenges, and OpportunitiesChristopher T. BastianThis paper discusses the implications, challenges, and opportunities arising from increased contracting and the use of private negotiation as a trading institution within agribusiness supply chains. I address the following questions: (i) As these changes occur and private negotiation becomes a dominant institution, are market signals and economic performance improved?; (ii) Are we preparing our students to be successful in this agribusiness market environment?; and (iii) Are we helping our extension clientele be successful as these changes occur?https://ageconsearch.umn.edu/record/292326bargaining powercontractingvertical coordination
collection DOAJ
language English
format Article
sources DOAJ
author Christopher T. Bastian
spellingShingle Christopher T. Bastian
WAEA Presidential Address: Evolution toward Private Negotiation as a Dominant Institution in Agribusiness Supply Chains: Implications, Challenges, and Opportunities
Journal of Agricultural and Resource Economics
bargaining power
contracting
vertical coordination
author_facet Christopher T. Bastian
author_sort Christopher T. Bastian
title WAEA Presidential Address: Evolution toward Private Negotiation as a Dominant Institution in Agribusiness Supply Chains: Implications, Challenges, and Opportunities
title_short WAEA Presidential Address: Evolution toward Private Negotiation as a Dominant Institution in Agribusiness Supply Chains: Implications, Challenges, and Opportunities
title_full WAEA Presidential Address: Evolution toward Private Negotiation as a Dominant Institution in Agribusiness Supply Chains: Implications, Challenges, and Opportunities
title_fullStr WAEA Presidential Address: Evolution toward Private Negotiation as a Dominant Institution in Agribusiness Supply Chains: Implications, Challenges, and Opportunities
title_full_unstemmed WAEA Presidential Address: Evolution toward Private Negotiation as a Dominant Institution in Agribusiness Supply Chains: Implications, Challenges, and Opportunities
title_sort waea presidential address: evolution toward private negotiation as a dominant institution in agribusiness supply chains: implications, challenges, and opportunities
publisher Western Agricultural Economics Association
series Journal of Agricultural and Resource Economics
issn 1068-5502
2327-8285
publishDate 2019-09-01
description This paper discusses the implications, challenges, and opportunities arising from increased contracting and the use of private negotiation as a trading institution within agribusiness supply chains. I address the following questions: (i) As these changes occur and private negotiation becomes a dominant institution, are market signals and economic performance improved?; (ii) Are we preparing our students to be successful in this agribusiness market environment?; and (iii) Are we helping our extension clientele be successful as these changes occur?
topic bargaining power
contracting
vertical coordination
url https://ageconsearch.umn.edu/record/292326
work_keys_str_mv AT christophertbastian waeapresidentialaddressevolutiontowardprivatenegotiationasadominantinstitutioninagribusinesssupplychainsimplicationschallengesandopportunities
_version_ 1724773095495958528

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