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英文文献：The Use of Expectations In Agricultural Supply Response
英文文献作者：Hazard, Suzanne,Shonkwiler, J. Scott
英文文献摘要：
A composite supply response model is formulated that has extrapolative and rational components as well as a partial adjustment mechanism. The model is applied to the Florida Watermelon Market to investigate how producers are forming their expectation of watermelon prices at harvest time. The results show that a dynamic cobweb mechanism is a valid representation of the data and suggests that producers are not using all the relevant information in the market.
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