Methods for Evaluating Economic Efficiency in Agricultural Marketing

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Bibliographische Detailangaben
Zeitschriftentitel:	Journal of Agricultural and Applied Economics
Personen und Körperschaften:	Kilmer, Richard L., Armbruster, Walter J.
In:	Journal of Agricultural and Applied Economics, 16, 1984, 1, S. 101-110
Format:	E-Article
Sprache:	Englisch
veröffentlicht:	Cambridge University Press (CUP)
Schlagwörter:	Economics and Econometrics Agricultural and Biological Sciences (miscellaneous)

Details
Zusammenfassung:	<jats:p>An economically efficient allocation of resources maximizes consumer and producer surpluses. It can be shown that under perfectly competitive conditions, an efficient allocation of resources will evolve. It may be the global welfare optimum, but for a given set of conditions, consumer and producer surpluses can be maximized.</jats:p>
Umfang:	101-110
ISSN:	2056-7405 1074-0708
DOI:	10.1017/s0081305200016575