An important characteristic of E-commerce is that it is a form of technological change. The effects of E-commerce induced reductions in business production costs and on seller to buyer transaction costs are assessed. Comparative static models for different market structures are used to assess...

A least squares estimator for utilizing forthcoming information to update or revise estimates of the parameters of an econometric model is derived, some properties of the updated estimates are discussed, and an illustrative application is provided. The forthcoming information includes new sample...

This paper reviews the literature on the production, dissemination and use made of market outlook information for agricultural commodities. It focuses on the requirements and demand for market outlook information, the level of accuracy of information currently available, of future prospective...