Hueth, Brent; Marcoul, Philippe; Lawrence, John - In: American Journal of Agricultural Economics 89 (2007) 4, pp. 890-903
Live cattle are increasingly priced as an explicit function of U.S. Department of Agriculture yield and quality grades. Human graders visually inspect each slaughtered carcass and call grades in a matter of seconds as the carcass passes on a moving trolley. We examine whether there is systematic...