| Home > American Agricultural Economics Association (AAEA) > 1986 Annual Meeting, July 27-30, Reno, Nevada > COMPETITION AND PRICE RELATIONSHIPS FOR AN ELECTRONIC MARKET |
A typical structural characterization of producer-first handler commodity markets is competitive sellers facing oligopsonistic buyers. New evidence is presented which suggests that each additional bidder in an electronic market results in nearly 3 percent added to price, net of the effects of quality and location variables. This evidence reinforces the importance of buyer competition to producers.
