A conjectural variation approach to vertical integration in agricultural cooperatives
Under the assumption that agricultural cooperative is a form of vertical integration, this paper, using conjectural variations, solves the profit-maximizing problem faced by the members in the multi-plant firm model in which they are vertically integrated with the agricultural cooperative. The average principle, the marginal principle, and the linear combination … celý popis
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- Články
- Fyzický popis
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- Agricultural Economics. -- ISSN 0139-570X. -- Roč. 63, č. 5 (2017), s. 228-233
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