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Author:Haugland, S. A.
Gronhaug, K.
Title:Cooperative relationships in competitive markets
Journal:Journal of Socio-Economics
1996 : VOL. 25:3, p. 359-371
Index terms:COMPETITION
FISH PROCESSING INDUSTRY
IMPORTS
Language:eng
Abstract:This paper focuses on cooperative and relationships in competitive markets. According to economic theory, stable relationships between buyer and seller should only emerge due to some kind of market deficiencies. However, our results suggest that buyer and seller cooperate and develop relationships in a competitive market. In the international salmon industry, importers tend to concentrate their import on one or a few exporters only. However, the importers will occasionally buy salmon from other exporters. This observation indicates that both cooperation and competition will be present in a competitive market. For buyers and sellers there may be efficiency gains by both cooperating and being exposed to competition.
SCIMA record nr: 152443
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