The Theory of Price Collars: The Linking of Prices in a Market Channel to Redress the Exercise of Market Power
| dc.creator | Tian, Li | |
| dc.creator | Cotterill, Ronald | |
| dc.date | 2017-04-01T17:56:58Z | |
| dc.date.accessioned | 2026-07-09T07:05:56Z | |
| dc.description | The marketing channels for many goods involve the production of a raw commodity that is processed and then distributed to retailers for sale to consumers. Either the processing industry or the retailing industry or both may exercise substantial market powe r ultimately against raw commodity suppliers or consumer s, the disorganized (competitive) economic groups at the ends of the market channel. This paper develops a theory of price collars to regulate pricing in such a channel. Price collars link raw product, wholesale and retail prices but do not explicitly set such prices. For example, a wholesale price collar could limit the wholesale price to 140% of the raw commodity price, and a retail price collar could limit retail price to 130% of the wholesale price. | |
| dc.identifier | doi:10.22004/ag.econ.149025 | |
| dc.identifier | https://ageconsearch.umn.edu/record/149025/files/rr91.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/149025 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/584488 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/149025 | |
| dc.title | The Theory of Price Collars: The Linking of Prices in a Market Channel to Redress the Exercise of Market Power | |
| dc.type | Text |