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E-commerce and entrepreneurship in agricultural markets.
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Rolf A.E. Mueller is professor and director in the Department of Agricultural Economics, University at Kiel, Germany.
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E-commerce and Agricultural Commodity Markets
Adam Smith (p. 13) considered the "propensity to truck, barter, and exchange one thing for another" to be "common to all men, and to be found in no other race of animals." The inclination to exchange is, however, checked by the "various sacrifices which are required for the conduct of exchange operations" (Menger, p. 189). Because the exchange of goods and money is always embedded in an exchange of ...
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