Economic analysis of agriculture and food marketing systems. Topics include transactions costs and the role of institutions, spot markets, contracts and vertical integration, market power, price discovery, quality signalling and information asymmetry in agri-food markets. The relevant theoretical literature and empirical applications in these areas are reviewed. Weekly hours: 3 Lecture hoursPermission of instructor required. Note: Students with credit for BPBE 840 may not take this course for credit
Economic analysis of agriculture and food marketing systems. Topics include transactions costs and the role of institutions, spot markets, contracts and vertical integration, market power, price discovery, quality signalling and information asymmetry in agri-food markets. The relevant theoretical literature and empirical applications in these areas are reviewed. Weekly hours: 3 Lecture hoursPermission of instructor required. Note: Students with credit for BPBE 840 may not take this course for credit
