Producer prices in cotton markets: Evaluation of reported price information accuracy
نویسندگان
چکیده
منابع مشابه
Price Information in Cotton Markets: An Alternative, Objective Approach for Deriving Market Price Differentials for Quality
Introduction There has been recent discussion about price information and how it affects the cotton market (Ethridge and Hudson), as well as related topics of how the official price information provided by the Agricultural Marketing Service (AMS) affects the Commodity Credit Corporation's (CCC) loan schedule. These discussions have centered around (1) how information about differentials in pric...
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This paper explores a game where sellers of products sell the information concerning what price is charged for their products to an agent trying to find the minimum price in the market. Each seller draws a product price from a different distribution, known to the agent. Sellers know both their competitors’ distributions and the actual competitors’ price. In equilibrium the lowest product price ...
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Standard laboratory posted-offer markets respond slowly and incompletely to demand shocks. In these one-sided markets, where sellers control the setting of prices, very little information is transmitted via the process of exchange. For this reason, traders have trouble distinguishing randomness in their own experience from changes in market fundamentals. This paper reports the results of twelve...
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From June 1994 to June 1995, producer prices increased rapidly. Excluding food and energy, prices of crude materials and intermediate goods rose at annual rates of 7.2 and 16.7 percent, respectively. At the same time, however, prices of consumer goods and services excluding food and energy increased a more modest 2.9 percent. Many analysts are concerned that recent increases in the prices of cr...
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ژورنال
عنوان ژورنال: Agribusiness
سال: 1996
ISSN: 0742-4477,1520-6297
DOI: 10.1002/(sici)1520-6297(199607/08)12:4<353::aid-agr5>3.0.co;2-y