diminish asymmetric information. Using public auction data, we find that disclosures do not influence price in a segment of the … auction in which an implicit quality certification is available. However, in the other segment, we find evidence that some …

features of a laboratory thin market, patterned after a typical livestock marketing situation, are described. Price bias and … variation from a "thick" private negotiation market with 22 traders is compared to that from a "thin" auction market with 8 … traders. No systematic price bias was found in any of the markets. Price variation was actually lower in the thin auction …

The purpose of this paper is to analyze the marketing performance of wheat farmers in Illinois and Kansas over 1982â … marketing performance of wheat farmers in Illinois and Kansas is about equal to the market if a 24- or 20-month market benchmark … harvest benchmark is used. The sensitivity of marketing performance to the market benchmark considered is explained by the …

regarding expected slaughter timings and improve fed cattle price forecasts and marketing strategies. Private data were …

Preferences for pomegranates, including some novel pomegranate varieties, were evaluated using an experimental auction … reference prices were key factors in explaining willingness to pay for the included novel products. Results from the auction and …