Data/hora: 13/06/2024 04:57:54

Provedor de dados: | 31
País: | United States
Título: | EFFECT OF RISK AVERSION ON FEEDER CATTLE PRICES
Autores: | Lee,   Jung-Hee; Brorsen,   B. Wade.
Data: | 2003-01-31
Ano: | 1994
Palavras-chave: | Feedlot pen data; Price expectations; Hedonic price; Price risk; Risk aversion; Demand and Price Analysis; Livestock Production/Industries.
Resumo: | This paper determines the effects of cattle feeders' risk aversion on feeder cattle prices using pen data of Kansas feedlots.  Higher profit risk results in lower feeder cattle prices.  The elasticity of feeder cattle price with respect to profit risk was small (-0.013).  The risk elasticity estimated here is similar to risk elasticities in previous studies and thus, the use of pen-level data does not seem to add much to the study of risk.
Tipo: | Journal Article
Idioma: | Inglês

Identificador:

6991

http://purl.umn.edu/15168

Editor: | AgEcon Search
Relação: | Journal of Agricultural and Applied Economics&gt;Volume 26, Number 02, December 1994

Formato:

7

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