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• W2137286094 abstract "This research examines the recent growth of contract use in the USA and European agro-food sector where asset specificity is not a dominant concern and secondary markets exist. It sheds light on the neglected capabilities of a contract to transmit buyer-specific information, obtain secondary information and price uncertain costs of buyer-specific product attributes when compared with alternative spot markets. It proposes that the value of a contract's capabilities increases with a processor's or retailer's demand for buyer-specific input attributes which require unique production practices and cannot be realised by after-harvest sorting. The implications for policy and contract design are also discussed." @default.
• W2137286094 created "2016-06-24" @default.
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• W2137286094 date "2010-05-05" @default.
• W2137286094 modified "2023-09-25" @default.
• W2137286094 title "The role of product differentiation for contract choice in the agro-food sector" @default.
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• W2137286094 doi "https://doi.org/10.1093/erae/jbq013" @default.
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