MEASUREMENT OF GRADING ERROR COSTS IN THE BEEF INDUSTRY

Peyton Ferrier ()

No 19906, 2002 Annual meeting, July 28-31, Long Beach, CA from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This paper models the market for beef products when quality production is stochastic and quality information is asymmetric between producers and consumers. Independent sorters act as intermediaries to enhance market efficiency by guaranteeing minimum quality levels. Market shares, effort levels, prices, and quality standards are obtained for general market equilibrium.

Keywords: Marketing (search for similar items in EconPapers)
Pages: 30
Date: 2002
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/19906/files/sp02fe05.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea02:19906

DOI: 10.22004/ag.econ.19906

Access Statistics for this paper

More papers in 2002 Annual meeting, July 28-31, Long Beach, CA from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().