@article{Jordaan:37633,
      recid = {37633},
      author = {Jordaan, Daniel du Plessis Scheepers and Kirsten, Johann  F.},
      title = {Investigating alternative governance systems for the South  African mohair supply chain},
      journal = {Agrekon},
      address = {2008-06-30},
      number = {346-2016-16004},
      series = {Volume 47},
      pages = {27},
      month = {Jun},
      year = {2008},
      abstract = {Mohair is an exclusive natural animal fibre with niche  market appeal. It is, however, questionable whether it is  inherently suited to a commodity-based marketing system in  a marketing environment that requires marketing systems to  convey far more information than commodity-based systems  do. Historically, mohair has been considered a commodity  and the marketing system for mohair has been structured  accordingly. It is, however, argued that, the exchange  between mohair growers and the buyers of greasy mohair  requires increased levels of coordination to govern the  exchange in a transaction costs efficient manner. The  inefficiencies created by an inappropriate or incomplete  marketing system for South African mohair are expected to  lead to a loss of consumer value and a loss of potential  profit throughout the mohair supply chain if a more  coordinated governance structure is not implemented to curb  these costs and augment the current spot market exchange.},
      url = {http://ageconsearch.umn.edu/record/37633},
      doi = {https://doi.org/10.22004/ag.econ.37633},
}