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Performance Of Alternative Component Pricing Systems For Pork

Listed author(s):
  • Brorsen, B. Wade
  • Akridge, Jay T.
  • Boland, Michael A.
  • Mauney, Sean
  • Forrest, John C.

One method of implementing value-based marketing is a component pricing system. This research develops and evaluates alternative component pricing systems for pork. Two electronic technologies for estimating carcass components (optical probe and electromagnetic scanner) were evaluated on two sets of data representing different populations. Model accuracy increased as additional components were added.

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Article provided by Southern Agricultural Economics Association in its journal Journal of Agricultural and Applied Economics.

Volume (Year): 30 (1998)
Issue (Month): 02 (December)

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Handle: RePEc:ags:joaaec:15565
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  1. M. A. Boland & K. A. Foster & J. T. Akridge, 1995. "Packer sorting strategies for fresh pork," Agribusiness, John Wiley & Sons, Ltd., vol. 11(5), pages 423-430.
  2. Ashley, R & Granger, C W J & Schmalensee, R, 1980. "Advertising and Aggregate Consumption: An Analysis of Causality," Econometrica, Econometric Society, vol. 48(5), pages 1149-1167, July.
  3. Marvin L. Hayenga & Barbara S. Grisdale & Robert G. Kauffman & H. Russell Cross & Lauren L. Christian, 1985. "A Carcass Merit Pricing System for the Pork Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 67(2), pages 315-319.
  4. Mark D. Jekanowski & Jay T. Akridge & B. Wade Brorsen & Sean Mauney & Allan Schinckel, 1996. "Measuring the Effects of PST on Swine Carcass Value," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 18(1), pages 21-30.
  5. John D. LAWRENCE, 1996. "Factors That Influence Prices Producers Receive For Hogs: Statistical Analysis Of Killsheet And Survey Data," Staff Papers 279, Iowa State University Department of Economics.
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