Hedonic analysis of the price of mangalarga marchador horses sold at auctions

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dc.creatorMahara Moreira Marquez
dc.creatorBrenda Alves Alves dos Santos
dc.creatorLarissa Ferreira Mamede
dc.creatorErica Beatriz Schultz
dc.creatorNatascha Almeida arques da Silva
dc.creatorCamila Raineri
dc.date2024
dc.date.accessioned2026-07-07T03:58:17Z
dc.descriptionThe objective was to identify sets of relevant atributes for pricing Mangalarga Marchador horses at auctions and to estimate a hedonic pricing function. We analyzed 452 horses at 20 auctions. The studied variables were characteristics intrinsic to the animals and attributes that influence sale price, which were identified through generalized linear and logistic model analysis. For each additional prize and additional bid, the prices decreased by R$ 2110.00 and R$ 549.00 respectively. The individual’s maternal grandsire positively or negatively affected prices, from R$ - 86.70 to R$ + 35.50. Non-pregnant females were penalized in price by R$ 110.00 compared to non-castrated males. A bay coat added R$ 215.00 to prices when compared to chestnut animals. Online auctions added R$ 20.10 to prices and virtual auctions penalized prices by R$ 617.00. The gray coat devalues a sale by 48% and Seller 3 decreasing by 18%. We conclude that auction type, number of prizes, share sold, animal category, coat, seller, number of bids, and maternal grandsire influenced the prices of Mangalarga Marchador horses, and that coat and seller that influenced the probability of the animal being sold.
dc.formatapplication/pdf
dc.identifier1806-2636
dc.identifierhttps://www.redalyc.org/articulo.oa?id=303179699033
dc.identifierhttps://www.redalyc.org/journal/3031/303179699033/
dc.identifierhttps://www.redalyc.org/journal/3031/303179699033/html/
dc.identifierhttps://www.redalyc.org/journal/3031/303179699033/303179699033.epub
dc.identifierhttps://www.redalyc.org/journal/3031/303179699033/movil
dc.identifier10.4025/actascianimsci.v46i1.60913
dc.identifier.urihttp://hdl.handle.net/123456789/449042
dc.languageen
dc.publisherUniversidade Estadual de Maringá
dc.relationhttp://www.redalyc.org/revista.oa?id=3031
dc.rightsActa Scientiarum. Animal Sciences
dc.sourceActa Scientiarum. Animal Sciences (Brasil) Vol.46
dc.subjectAgrociencias
dc.titleHedonic analysis of the price of mangalarga marchador horses sold at auctions
dc.typeartículo científico

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Acta Scientiarum. Animal Sciences - Universidade Estadual de Maringá