Price Impacts of Concentration, Timing, and Product Characteristics in Feeder Cattle Video Auctions

Document Type

Article

Journal/Book Title/Conference

Agribusiness: An International Journal

Volume

12

Publication Date

1996

First Page

485

Last Page

496

Abstract

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 mechanism in feeder cattle auctions is affected by measures of buyer concentration.

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