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- Title
WAEA Presidential Address: Evolution toward Private Negotiation as a Dominant Institution in Agribusiness Supply Chains: Implications, Challenges, and Opportunities.
- Authors
Bastian, Christopher T.
- Abstract
This paper discusses the implications, challenges, and opportunities arising from increased contracting and the use of private negotiation as a trading institution within agribusiness supply chains. I address the following questions: (i) As these changes occur and private negotiation becomes a dominant institution, are market signals and economic performance improved?; (ii) Are we preparing our students to be successful in this agribusiness market environment?; and (iii) Are we helping our extension clientele be successful as these changes occur?
- Subjects
AGRICULTURAL economics; SUPPLY chains; NEGOTIATION; TRADE negotiation; BARGAINING power; BUSINESS negotiation
- Publication
Journal of Agricultural & Resource Economics, 2019, Vol 44, Issue 3, p457
- ISSN
1068-5502
- Publication type
Article
- DOI
10.22004/ag.econ.292326