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Implications Of Computerized Trading Of Slaughter Lambs On Pricing Efficiency

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  • Russel, James R.
  • Purcell, Wayne D.

Abstract

Selected price dimensions of Eastern Lamb Producers Cooperative's electronic slaughter lamb sales were examined. Price levels and variances were analyzed. Prices were compared across electronic mediums and across marketing systems. Comparisons with theoretical expectations and inferences regarding changes in pricing efficiency were made.

Suggested Citation

  • 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).
  • Handle: RePEc:ags:aaea82:279147
    DOI: 10.22004/ag.econ.279147
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    References listed on IDEAS

    as
    1. Ethridge, Don E., 1978. "A Computerized Remote-Access Commodity Market: Telcot," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 10(2), pages 177-182, December.
    2. 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).
    3. Granger, C W J, 1969. "Investigating Causal Relations by Econometric Models and Cross-Spectral Methods," Econometrica, Econometric Society, vol. 37(3), pages 424-438, July.
    4. Zellner, Arnold, 1979. "Causality and econometrics," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 10(1), pages 9-54, January.
    5. Sims, Christopher A, 1972. "Money, Income, and Causality," American Economic Review, American Economic Association, vol. 62(4), pages 540-552, September.
    6. Henderson, Dennis R. & Schrader, Lee F. & Sporleder, Thomas L. & Baldwin, E. Dean, 1979. "The Economic Feasibility and Impacts of Electronic Markets: A Tentative Appraisal," 1979 Annual Meeting, July 29-August 1, Pullman, Washington 278375, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Ethridge, Don E., 1978. "A Computerized Remote-Access Commodity Market: Telcot," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 10(2), pages 1-6, December.
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