Menkhaus, Dale J.; Phillips, Owen R.; Coatney, Kalyn T. - In: American Journal of Agricultural Economics 85 (2003) 4, pp. 829-839
At livestock auctions, the same purchasing agent can represent more than one processor. Repeated multiple-unit English auctions are created in a laboratory to measure the impact of shared agents on trade prices under alternative treatments with six, and as few as two, agents representing six...