The business justification for multiple principals to hire a common agent is efficiency. Our empirical study demonstrates that the creation of the common agent unilaterally depresses winning bids. Additionally, the common agent was not only observed to be the dominant bidder but also paid...

Beef cattle production in the southeastern United States differs in size, practice, and production type from other U.S. regions. Smaller, cow-calf type operations dominate in this region because the climate, forage availability, and other land use practices of farmers make this type of cattle...

Strategic voting in valuation choice experiments violates the common modeling assumption that everyone votes for his unconditionally most preferred choice. This presents a challenge to accurate estimation of values. We provide an examination of strategic voting in a homegrown value experiment...