The Pacific salmon market may often be characterized by
disequilibrium conditions and less than perfect information. Thus the
study of the decision-making behavior, especially short-run pricing,
of wholesale market participants in this industry requires the use of
alternative models to the conventional, price-taking, perfect
competition model of the firm.
This...
New types of exchange arrangements are becoming
increasingly popular for a wide range of goods traded
internationally. Several types of countertrade
arrangements have been identified, ranging from pure
barter to more elaborate schemes where only a portion of
the trade is "paid for" in goods, including bilateral
trading agreements with...