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Recent outbreaks of highly pathogenic avian influenza in Asia, Europe, and Africa have caused severe impacts on the poultry sector through bird mortality and culling, as well as resulting trade restrictions and negative demand shocks. Although poultry producers play a major role in preventing...
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International agricultural research often uses quasi-experimental designs when implementing on-farm research and development activities. Therefore, impact assessment methodologies are needed, which are effective in circumventing the resulting selection bias inherent in such research designs....
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In this article, we examine disclosure as a tool to mitigate the effects of asymmetric information in a Thoroughbred yearling market. If disclosures influence market price, information contained therein must be valuable to buyers and hence diminish asymmetric information. Using public auction...
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