PRICE DISCOVERY DIMENSIONS OF COMPUTERIZED ELECTRONIC TRADING IN A THIN MARKET

Shannon R. Hamm, Wayne D. Purcell and Michael A. Hudson

No 279043, 1984 Annual Meeting, August 5-8, Ithaca, New York from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Bidding behavior on computerized electronic sales of slaughter lambs differs by buyer type. The number of different buyers bidding is important to the amount of price improvement during any auction. The most important finding is that two buyers will compete aggressively because of anonymous bidding.

Keywords: Demand and Price Analysis; International Relations/Trade; Marketing; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 15
Date: 1984-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea84:279043

DOI: 10.22004/ag.econ.279043

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