Estimating Desirable Cattle Traits Using Latent Class and Mixed Logit Models: A Choice Modeling Application to the U.S. Grass-Fed Beef Industry
Isaac Sitienei,
Jeffrey Gillespie,
Robert Harrison and
Guillermo Scaglia
No 196706, 2015 Annual Meeting, January 31-February 3, 2015, Atlanta, Georgia from Southern Agricultural Economics Association
Abstract:
This study examines preferences for cattle traits using mixed logit and latent class models. Choice experiment data from a 2013 mail survey of 1,052 U.S. grass-fed beef producers were used. Preliminary results indicate that producers prefer lower-priced, heavy, black, and easy-to-handle feeders backgrounded from their own cows.
Keywords: Farm Management; Livestock Production/Industries; Production Economics; Research Methods/ Statistical Methods (search for similar items in EconPapers)
Pages: 15
Date: 2015
New Economics Papers: this item is included in nep-dcm
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea15:196706
DOI: 10.22004/ag.econ.196706
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