Implicit Market Segmentation and Valuation of Angus Bull Attributes

Previous hedonic assessments have largely relied on the assumption that bull buyers have homogeneous demands for bull attributes. However, quality differentiations and heterogeneous demands support the existence of submarkets. This analysis investigates market segments using a finite mixture model a...

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Veröffentlicht in:	Journal of agricultural and resource economics 2023-05, Vol.48 (2), p.412-427
Hauptverfasser:	Tang, Minfeng, Thompson, Nathanael M, Boyer, Christopher N, Widmar, Nicole J Olynk, Lusk, Jayson L, Stewart, Terry S, Lofgren, Donna L, Minton, Nick
Format:	Artikel
Sprache:	eng
Schlagworte:	Agriculture Beef cattle Expected utility Farms Market segmentation Market segments Marketing Prices Purchasing Valuation Weaning
Online-Zugang:	Volltext
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