Allocative Efficiency in Electronic Marketing for Feeder Cattle
Thomas Sporleder () and
Kathleen Ann Mahoney
No 279461, 1982 Annual Meeting, August 1-4, Logan, Utah from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Centralized remote-access markets using computer technology are a possible alternative to conventional markets for most agricultural commodities. This study empirically analyzes the allocative efficiency of such a market for feeder cattle. Results show a statistically significant price level premium in the electronic market over conventional auction markets for feeder cattle.
Keywords: Livestock Production/Industries; Marketing; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea82:279461
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