|
|
|
|
|
Avent, R. Keith; Ward, Clement E.; Lalman, David L.. |
Preconditioning is not new but has received considerable attention in recent years. This research addresses two questions. Are buyers of preconditioned feeder calves paying a price premium close to the performance benefits expected from preconditioning? Is there information asymmetry in the value to the buyers compared with the premium they pay? Buyers paid a price premium but less than the expected performance gains. Thus, the hypothesis of asymmetry of information between buyers and sellers could not be confirmed. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Livestock Production/Industries. |
Ano: 2002 |
URL: http://purl.umn.edu/36559 |
| |
|
|
|