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| 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 |
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