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AgEcon Search >
International Food and Agribusiness Management Review >
Volume 11, Issue 2, 2008 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/53643
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| Title: | Structural Change in a Food Supply Chain |
| Authors: | Ng, Desmond W. |
| Authors (Email): | Ng, Desmond W. (dng@ag.tamu.edu) |
| Keywords: | Agent based models
structural change
Austrian economics
and social networks |
| JEL Codes: | Q10
Q11 |
| Issue Date: | 2008-05-01 |
| Abstract: | As changes in modern agribusiness markets have placed increasing emphasis to the study of structural change processes, this research advances an agent based model to examine transitions from a spot market exchange to a vertically coordinated arrangement in a supply chain system. This agent base simulation model draws from the subjective theme of Austrian entrepreneurship, behavioral theories of the firm and social networks. The results of this agent based simulation model indicate that structural change occurs with market structures that facilitate information transmission rather than from incentive based contractual arrangements. |
| URI: | http://purl.umn.edu/53643 |
| Institution/Association: | International Food and Agribusiness Management Review>Volume 11, Issue 2, 2008 |
| Total Pages: | 32 |
| From Page: | 17 |
| To Page: | 48 |
| Collections: | Volume 11, Issue 2, 2008
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