VERTICALLY ALIGNED VS. OPEN MARKET COORDINATION: DOMINANCE OR CO-EXISTENCE?

dc.creatorPreckel, Paul V.
dc.creatorBoehlje, Michael
dc.creatorGray, Allan W.
dc.creatorKim, Sounghun
dc.date2017-04-01T19:17:55Z
dc.date.accessioned2026-07-09T03:30:09Z
dc.descriptionWill a more tightly aligned system become the exclusive coordination or governance system in the pork industry? The analysis shows that the packer prefers to source hogs from both an aligned market and an independent market. This result is because the packer, facing variability in the demand for premium pork, must balance the cost of higher quality aligned hogs and independent hogs against the states of nature for demand for the premium product.
dc.identifierdoi:10.22004/ag.econ.20099
dc.identifierhttps://ageconsearch.umn.edu/record/20099/files/sp04pr02.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/20099
dc.identifier.urihttp://hdl.handle.net/123456789/533629
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/20099
dc.titleVERTICALLY ALIGNED VS. OPEN MARKET COORDINATION: DOMINANCE OR CO-EXISTENCE?
dc.typeText

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