IDEAS home Printed from
   My bibliography  Save this article

Pot-Bellies, Cattle Breeds and Revealing Signals


  • Allen, Douglas W


Believe it or not, there are many interesting economic puzzles at cattle auctions. For example, why does the Holstein breed completely dominate veal sales and why do other breeds get slaughtered in terms of price when they enter the veal ring? The answer lies in the nature of veal production and the characteristics of the auction that provide the potential for opportunistic behavior. The Holstein's unique pot-belly signal provides a cheap solution to the cheating problem and results in the domination of the Holstein breed at the auction. Copyright 1993 by Oxford University Press.

Suggested Citation

  • Allen, Douglas W, 1993. "Pot-Bellies, Cattle Breeds and Revealing Signals," Economic Inquiry, Western Economic Association International, vol. 31(3), pages 481-487, July.
  • Handle: RePEc:oup:ecinqu:v:31:y:1993:i:3:p:481-87

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Thompson, Nathanael M. & Brorsen, B. Wade & DeVuyst, Eric A. & Lusk, Jayson L., 2016. "Random Sampling of Beef Cattle for Genetic Testing: Optimal Sample Size Determination," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 229195, Southern Agricultural Economics Association.
    2. Athanasios G. Chymis & Harvey S. James & Srinivasa Konduru & Vern L. Pierce & Robert L. Larson, 2007. "Asymmetric information in cattle auctions: the problem of revaccinations," Agricultural Economics, International Association of Agricultural Economists, vol. 36(1), pages 79-88, January.
    3. Bulut, Harun & Lawrence, John D., 2007. "The Value of Third-Party Certification of Preconditioning Claims at Iowa Feeder Cattle Auctions," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 39(3), pages 1-16, December.
    4. Rat-Aspert, Olivier & Weldegebriel, Habtu T. & Stott, Alistair W. & Fourichon, C., 2008. "Managing animal health status information in the cattle market," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 44064, European Association of Agricultural Economists.

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:ecinqu:v:31:y:1993:i:3:p:481-87. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press) or (Christopher F. Baum). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.