Economics Research Institute Study Paper
Utah State University Department of Economics
This research investigates the differential effect of timing and product characteristic based measures of buyer concentration on the selling price of auctioned feeder cattle. Empirical results suggest that the fundamental dynamic price generation mechanisim in feeder cattle auctions is affected by measures of buyer concentration.
Fawson, Chris; Bailey, DeeVon; and Glover, Terrence F., "Price Impacts of Concentration, Timing and Product Characteristics in Feeder Cattle Video Auctions" (1994). Economic Research Institute Study Papers. Paper 32.