Grocery-Retailer Pricing Behavior with Implications for Farmer Welfare
In the standard model of food pricing, retailers set price equal to the farm or wholesale price plus a markup based on retailing costs. However, predictions from a markup-pricing modelÑsuch as high correlations between retail price and farm price and among prices across retailers in a cityÑ are not...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Western Agricultural Economics Association
2013-08-01
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Series: | Journal of Agricultural and Resource Economics |
Subjects: | |
Online Access: | https://ageconsearch.umn.edu/record/158282 |