Data/hora: 13/06/2024 00:55:08

Provedor de dados: | 31
País: | United States
Título: | Alternative Theories and Empirical Approaches to Price Discovery: An Application to Fed Cattle
Autores: | Carlberg,   Jared G.; Ward,   Clement E.
Data: | 2008-09-17
Ano: | 2003
Palavras-chave: | Derived demand; Fed cattle; Partial adjustment model; Price discovery; Q13; Q11; Q12; C51; C22.
Resumo: | Price discovery is a frequent topic of research, but many times is not clearly defined and thus purported to cover a myriad of topics.  This article provides two alternative theories as the basis for one line of price discovery research. Empirical models consistent with the two theories are estimated using a common data set.  Empirical results differ as expected.  This article evidences why the theoretical basis for an empirical model depends on clearly defining the objective(s) of the research.
Tipo: | Journal Article
Idioma: | Inglês
Identificador: | http://purl.umn.edu/43201
Relação: | Journal of Agricultural and Applied Economics&gt;Volume 35, Number 03, December 2003
Formato: | 13