Nonlinear Pricing Schemes for Agricultural Cooperatives
针对农业合作社中成员异质性和信息不对称问题,推导出一种约束有效定价规则,通常涉及非线性定价,即对高交付量收取更高平均价格,并调整规则以更均匀分配收益。
Abstract Standard pricing practices are generally not efficient for a cooperative. Sexton (1986) suggests that membership fees/rebates can be used to facilitate efficient pricing, but such schemes may not be feasible because of membership heterogeneity and information asymmetries. In this paper a constrained efficient pricing rule for a cooperative is derived that explicitly addresses the heterogeneity and information constraints. The optimal rule generally entails nonlinear pricing which, for the case of a farm purchasing cooperative, entails a higher average price for higher delivery volumes. The constrained efficient rule is modified to distribute the benefits more evenly over the cooperative's membership.