PRICING EFFICIENCY IN AGRICULTURAL MARKETS: ISSUES, METHODS, AND RESULTS
| dc.creator | Buccola, Steven T. | |
| dc.date | 2017-04-01T19:36:43Z | |
| dc.date.accessioned | 2026-07-09T04:17:15Z | |
| dc.description | The notion of price efficiency is discussed in the context of an optimal information market. Approaches for assessing price or market efficiency are examined, including temporal, spatial, and form-transformation paradigms. The interdependent nature of these paradigms is stressed. Finally, a review is conducted of recent price efficiency research in cash, futures, and manufacturing-retailing markets. Research generally has paid inadequate attention to agents' costs, including the cost of risk and the human capital cost of acquiring and evaluating information. | |
| dc.identifier | doi:10.22004/ag.econ.32461 | |
| dc.identifier | https://ageconsearch.umn.edu/record/32461/files/14010111.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/32461 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/547628 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/32461 | |
| dc.title | PRICING EFFICIENCY IN AGRICULTURAL MARKETS: ISSUES, METHODS, AND RESULTS | |
| dc.type | Text |