Price Discrimination or Price Stabilization: Debating with Models of U.S. Dairy Policy

Two views on U.S. dairy policy are, first, that it is an instance of the "capture" theory of economic regulation -- that • ••• it serves the interests of dairy producers at the expense of - ) ••• consumers and taxpayers by raising dairy product prices -- and second 2 that. dairy policy to correct - market failure is an instance of governmental action that dairy policy serves the joint interests of producers, consumers, and taxpayers. This paper discUsses several analytical issues which have been important in the debate between these views.


Issue Date:
1984-08
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/278929
Language:
English
Total Pages:
19




 Record created 2018-10-24, last modified 2020-10-28

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