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Marketing Slaughter Hogs by Remote-Access Computerized Auction: Theory and Empirical Results

Author

Listed:
  • Henderson, Dennis R.
  • Baldwin, E. Dean

Abstract

Electronic markets have been suggested as one means of reducing impacted pricing problems associated with thin transparent trading of agricultural products. An experimental daily electronic auction was conducted for 31 weeks for slaughter hogs in Ohio. Results show competitive price enhancement, improved price-quality relationships and greater pricing efficiency.

Suggested Citation

  • Henderson, Dennis R. & Baldwin, E. Dean, 1981. "Marketing Slaughter Hogs by Remote-Access Computerized Auction: Theory and Empirical Results," 1981 Annual Meeting, July 26-29, Clemson, South Carolina 279414, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea81:279414
    DOI: 10.22004/ag.econ.279414
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    Cited by:

    1. Sullivan, Gregory M. & Linton, Daniel A., 1981. "Economic Evaluation Of An Alternative Marketing System For Feeder Cattle In Alabama," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 13(2), pages 1-5, December.
    2. Ward, Clement E., 1984. "An Empirical Study Of Competition In The Price Discovery Process For Slaughter Lambs," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 9(1), pages 1-10, July.
    3. Russel, James R. & Purcell, Wayne D., 1982. "Implications Of Computerized Trading Of Slaughter Lambs On Pricing Efficiency," 1982 Annual Meeting, August 1-4, Logan, Utah 279147, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Russell, James R. & Purcell, Wayne D., 1983. "Costs Of Operating A Computerized Trading System For Slaughter Lambs," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 15(1), pages 1-5, July.

    More about this item

    Keywords

    Livestock Production/Industries;

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