Journal or Book Title
Western Journal of Agricultural Economics
First Page or Article ID Number
This article proposes an oligopsony pricing model for projecting the effects of increased concentration or oligopsonistic coordination in beef packing using simulation methods. The model combines an explicit behavioral theory of packing firms with an attempt to respect the regional scope of cattle procurement markets. Our results indicate less danger of falling cattle prices, as a result of increased packer concentration or coordination, than do results from conventional econometric studies.
Western Agricultural Economics Association
Azzam, Azzeddine M. and Schroeter, John R., "Implications of Increased Regional Concentration and Oligopsonistic Coordination in the Beef Packing Industry" (1991). Economics Publications. 85.