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Helping Russian Students See the Invisible Hand AgEcon
Menkhaus, Dale J.; Bastian, Christopher T.; Yakunina, Alla V.; Esipov, Victor E..
Tipo: Conference Paper or Presentation Palavras-chave: Teaching/Communication/Extension/Profession.
Ano: 1997 URL: http://purl.umn.edu/35755
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RUSSIAN FOOD SYSTEM IN TRANSITION AgEcon
Yakunina, Alla V.; Esipov, Victor E.; Menkhaus, Dale J.; Bastian, Christopher T..
The evolution of vertical coordination systems and pricing mechanisms in the Russian food system are summarized. The activities in the stages of the food vertical chain during the command economy period were coordinated administratively similar to an integrated firm. Coordination in the food chain has evolved from mostly vertical expansion through quasi integration to mostly vertical mergers, as the Russian economy has started to move toward a more market oriented system. The unique characteristics of the exchange system and the structural nature of agriculture in the potential importing country are important considerations to take into account by exporting agribusiness firms.
Tipo: Journal Article Palavras-chave: Industrial Organization.
Ano: 1998 URL: http://purl.umn.edu/34505
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BILATERAL TRADING AND THE CURSE OF KNOWLEDGE: AN EXPERIMENTAL ECONOMICS STUDY AgEcon
Menkhaus, Dale J.; Yakunina, Alla V.; Phillips, Owen R..
This research investigates the impact of reporting different kinds of trade information to buyers and sellers in laboratory markets, for which exchange is made through bilateral bargaining. Results suggest that public information may improve the bargaining position of buyers relative to sellers when there is spot delivery. In some cases sellers earn less than in a no information baseline. There is evidence of a curse of knowledge for sellers in our information experiments when quantity traded for the entire market is known. The mandatory price reporting of all trades does not improve the income of sellers.
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 2001 URL: http://purl.umn.edu/36127
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