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Increasing importance is being attached to market segmentation strategies as a means of increasing producer returns. In this paper, a generalised model of price discrimination without supply control is developed to analyse the implications of optimal segmentation strategies for non-homogeneous...
Persistent link: https://www.econbiz.de/10005805608
Persistent link: https://www.econbiz.de/10005805626
A simulated model of an auction market is developed showing the relationship between the variation in valuations, the price variation and the number of independent bidders in the market. Average prices paid in a market with two or three bidders are less than average valuations. Average prices...
Persistent link: https://www.econbiz.de/10005805631
In principle, the Group regards long-run market forces as the best guide to resource allocation, not only within existing production units, but also between sectors. However, in practice they perceive many instances of market failure in the rural sector which justify government intervention...
Persistent link: https://www.econbiz.de/10005805641
The market for Australian prime lamb is characterised by high production seasonality and a highly competitive retail demand. Because these factors often translate into substantial market variability, regular forecasts of supply and demand are important requirements of lamb market participants....
Persistent link: https://www.econbiz.de/10005805643
The subject of 'marketing' as a field of agricultural policy and applied research is discussed in this paper …. Agribusiness approaches to marketing advanced in recent years are argued to have made little contribution to policy or research and … on national statutory marketing authorities for agricultural products are appraised along with some evidence on the …
Persistent link: https://www.econbiz.de/10005805656
The second report on Wool Marketing by the Australian Wool Board is critically appraised. Particular attention is given …
Persistent link: https://www.econbiz.de/10005805665
Evidence is provided on the extent to which wheat price policies operating over the period 1953-54 to 1983-84 achieved objectives related to the levels and stability of key industry variables. The general findings are that the levels of achievement have been modest and that trade-offs have been...
Persistent link: https://www.econbiz.de/10005805718
Over the past 20 years, the RAE has produced commodity forecasts in BAE Trends in Australian Agricultural Commodities, Farm Costs and Farm Incomes and other commodity outlook publications. There have been several studies on the accuracy of the forecasts, either comparing RAE forecasts with naive...
Persistent link: https://www.econbiz.de/10005805732
Persistent link: https://www.econbiz.de/10005805735