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Hog Prices Received And The Value Of Information: A Logit Analysis

Author

Listed:
  • Baumann, Hannelore
  • Kinsey, Jean D.

Abstract

The study discussed in this paper integrates the economics of information, production theory, and the theory of human capital to determine the optimum amount of price information collected by profit maximizing hog producers.

Suggested Citation

  • Baumann, Hannelore & Kinsey, Jean D., 1984. "Hog Prices Received And The Value Of Information: A Logit Analysis," Staff Papers 13540, University of Minnesota, Department of Applied Economics.
    • Handle: RePEc:ags:umaesp:13540
    DOI: 10.22004/ag.econ.13540
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    File URL: https://ageconsearch.umn.edu/record/13540/files/p84-14.pdf
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    References listed on IDEAS

    as
    1. D. Grant Devine & Bruce W. Marion, 1979. "The Influence of Consumer Price Information on Retail Pricing and Consumer Behavior," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(2), pages 228-237.
    2. Grant Devine & Bruce Marion, 1979. "The influence of consumer price information on retail pricing and consumer behavior," Framed Field Experiments 00138, The Field Experiments Website.
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    Keywords

    Livestock Production/Industries;

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