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open-access-imgOpen AccessCoordination of supply and demand in the dairy marketing system – with special emphasis on the potential role of farmer cooperatives as coordinating institutions
Petri Ollila
Publication year1989
Publication title
agricultural and food science
Resource typeJournals
PublisherScientific Agricultural Society of Finland
The study attempts to gain a better understanding of matching the ultimate supply and demand for milk at various steps of the production-distribution sequence. The purpose is to assess the suitability of price or regulations in solving various coordination problems. Special emphasis is given to the cooperatives as coordinating institutions. The theory in the study draws from Transaction Cost Economics, Economics of Public Choice, and Industrial Organization approach. The application used is termed Marketing Systems Analysis. It is applied to the dairy marketing system providing explanations to the surrent structure and analyzing four problems: (1) coordination of total supply and demand if milk, (2) coordination of milk components, (3) seasonal balancing, and (4) adaptation of new consumer preferences.
Subject(s)adaptation (eye) , business , computer science , database transaction , economics , finance , industrial organization , marketing , matching (statistics) , mathematics , microeconomics , optics , physics , production (economics) , programming language , statistics , supply and demand , transaction cost
SCImago Journal Rank0.347

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