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| Nightingale, John J.; Piggott, Roley R.; Griffith, Garry R.. |
| Our objective in this paper is to review the origins and main points of theories of firm behaviour used in economic theory and strategic management, with particular reference to the food marketing chain. We argue that while neoclassical economics may provide a robust framework in which to understand market outcomes for long run atomistic competition, such as conventionally modelled by agricultural economists, modern developments in both economics and strategic management add substantially to our ability to explain firm and market structures in the food marketing chain. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Industrial Organization; Marketing. |
| Ano: 2002 |
URL: http://purl.umn.edu/12939 |
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| O'Donnell, Christopher J.; Griffith, Garry R.; Nightingale, John J.; Piggott, Roley R.. |
| Recent empirical studies have found significant evidence of departures from competition in the input side of the Australian bread, breakfast cereal and margarine end-product markets. For example, Griffith (2000) found that firms in some parts of the processing and marketing sector exerted market power when purchasing grains and oilseeds from farmers. As noted at the time, this result accorded well with the views of previous regulatory authorities (p.358). In the mid-1990s, the Prices Surveillence Authority (PSA 1994)determined that the markets for products contained in the Breakfast Cereals and Cooking Oils and Fats indexes were "not effectively competitive"(p.14). The PSA consequently maintained price surveillence on the major firms in this product... |
| Tipo: Report |
Palavras-chave: Industrial Organization; Marketing. |
| Ano: 2004 |
URL: http://purl.umn.edu/28008 |
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