Data/hora: 07/06/2024 09:27:59

Provedor de dados: | 31
País: | United States
Título: | Show Quality Quarter Horse Auctions: Price Determinants and Buy-Back Practices
Autores: | Taylor,   Mykel R.; Dhuyvetter,   Kevin C.; Kastens,   Terry L.; Douthit,   Megan; Marsh,   Thomas L.
Data: | 2007-09-17
Ano: | 2006
Palavras-chave: | Auction; Equine; Hedonic pricing; Quarter horses; Demand and Price Analysis.
Resumo: | This study estimates the price determinants of show quality quarter horses sold at auction. Several characteristics including genetic and physical traits, quality of pedigree, and performance record of the horse, as well as the horse's offspring, were found to significantly impact selling price. Sale order positively affected price and appears to be driven by buyers rather than intentional ordering of the horses. A common practice at horse auctions is for the seller to reject the final bid offered and buy back the horse. Model-predicted prices for these buy-back horses indicate they are not undervalued by the final bids, based on their characteristics.
Tipo: | Journal Article
Idioma: | Inglês

Identificador:

28015

http://purl.umn.edu/8631

Editor: | AgEcon Search
Relação: | Journal of Agricultural and Resource Economics&gt;Volume 31, Number 03, December 2006

Formato:

21

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