Observable Raw Milk Prices: Chance for Dairy Farmers – Risk for Final Consumers
Abstract: Whether observable raw milk prices are more likely to increase or decrease the economic situation of dairy farmers is in dispute. Using a game-theoretic model, we show that observable raw milk prices can be restrictive and profitable for dairies if the tendency towards concentration in the dairy sector persists. Whereas observable raw milk prices open a chance for dairy farmers to receive a higher producer surplus, they carry a risk for final consumers to receive a lower consumer surplus. In particular, we argue about cooperatives because they are predominant in the dairy sector. Our findings can be generalized to other organizational forms in the dairy sector because similar organizational structures are established by long-term contracts. https://www.tib-op.org/ojs/index.php/gjae/article/view/2014
- Location
-
Deutsche Nationalbibliothek Frankfurt am Main
- Extent
-
Online-Ressource
- Language
-
Englisch
- Bibliographic citation
-
Observable Raw Milk Prices: Chance for Dairy Farmers – Risk for Final Consumers ; volume:65 ; number:1 ; year:2016
German journal of agricultural economics ; 65, Heft 1 (2016)
- Creator
-
Hildenbrand, Andreas
Kühl, Rainer
- DOI
-
10.52825/gjae.v65i1.2014
- URN
-
urn:nbn:de:101:1-2409251118096.213577559736
- Rights
-
Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
- Last update
-
15.08.2025, 7:39 AM CEST
Data provider
Deutsche Nationalbibliothek. If you have any questions about the object, please contact the data provider.
Associated
- Hildenbrand, Andreas
- Kühl, Rainer
Other Objects (12)
Power, Food and Agriculture: Implications for Farmers, Consumers and Communities
A new observable for holographic cosmology
Consumers' preferences and Willingness-to-pay for functional dairy products in Germany
Consumers' Preferences and Willingness-To-Pay for Functional Dairy Products in Germany
Organic Food : Consumers' Choices and Farmers' Opportunities
Feedback strategies for partially observable stochastic systems
Determinants of Consumers’ Willingness-to-pay for Fairly-produced, Locally Grown Dairy Products
Do New York Dairy Farmers Maximize Profits?
Markups for consumers
Markups for consumers
Dairy marketing hubs in East Africa : economic analysis of farmer preferences for services
The Responsibility of Farmers, Public Authorities and Consumers for Safeguarding Bees Against Harmful Pesticides
Power, Food and Agriculture: Implications for Farmers, Consumers and Communities
A new observable for holographic cosmology
Consumers' preferences and Willingness-to-pay for functional dairy products in Germany
Consumers' Preferences and Willingness-To-Pay for Functional Dairy Products in Germany
Organic Food : Consumers' Choices and Farmers' Opportunities
Feedback strategies for partially observable stochastic systems
Determinants of Consumers’ Willingness-to-pay for Fairly-produced, Locally Grown Dairy Products
Do New York Dairy Farmers Maximize Profits?
Markups for consumers
Markups for consumers
Dairy marketing hubs in East Africa : economic analysis of farmer preferences for services
The Responsibility of Farmers, Public Authorities and Consumers for Safeguarding Bees Against Harmful Pesticides
Power, Food and Agriculture: Implications for Farmers, Consumers and Communities
A new observable for holographic cosmology
Consumers' preferences and Willingness-to-pay for functional dairy products in Germany
Consumers' Preferences and Willingness-To-Pay for Functional Dairy Products in Germany
Organic Food : Consumers' Choices and Farmers' Opportunities
Feedback strategies for partially observable stochastic systems
Determinants of Consumers’ Willingness-to-pay for Fairly-produced, Locally Grown Dairy Products
Do New York Dairy Farmers Maximize Profits?
Markups for consumers
Markups for consumers
Dairy marketing hubs in East Africa : economic analysis of farmer preferences for services