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Shadow Prices as Member Returns for a Marketing Cooperative
作者:     来源:中国农民合作社研究网     日期:2011-01-11  浏览:109

  Abstract: Many marketing cooperatives handle several types or grades of member-supplied products. These cooperatives have to determine the returns to be alloted to each product. Helmberger, Hoos, and Nicholls have solved this problem for a cooperative with a single homogeneous product. However, their models do not extend readily to the multiple product case. This article describes how returns can he simultaneously calculated for each member-supplied product handled by a multiple product marketing cooperative. A linear programming model is first introduced to compute the returns under a set of rather restrictive assumptions. When these assumptions are relaxed, another method of deriving the values is required. Such a method--called the pooling constraint method is presented in the latter part of the article.

  Subjects: MARKETING cooperatives; AGRICULTURAL productivity; RATE of return; MATHEMATICAL models

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