CONTRACTING PROBLEMS AND THE ADOPTION OF REGULATORY CARTELS
作者:
WILLIAM S. HALLAGAN,
期刊:
Economic Inquiry
(WILEY Available online 1985)
卷期:
Volume 23,
issue 1
页码: 37-56
ISSN:0095-2583
年代: 1985
DOI:10.1111/j.1465-7295.1985.tb01751.x
出版商: Blackwell Publishing Ltd
数据来源: WILEY
摘要:
Since 1966 a USD A marketing order has governed the sales volume of domestic hop growers. Despite offering cartel‐like advantages, a hop marketing order proposal was defeated in a 1965 referendum of growers. Using individual grower votes from this referendum this paper identifies the sources of opposition to the 1965 marketing order. The analysis proceeds to examine the types of recontracting that transpired enabling the adoption of a revised proposal in 196
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