Alternative Theories and Empirical Approaches to Price Discovery: An Application to Fed Cattle

dc.creatorCarlberg, Jared G.
dc.creatorWard, Clement E.
dc.date2017-04-01T14:05:17Z
dc.date.accessioned2026-07-09T04:32:11Z
dc.descriptionPrice discovery is a frequent topic of research, but many times is not clearly defined and thus purported to cover a myriad of topics. This article provides two alternative theories as the basis for one line of price discovery research. Empirical models consistent with the two theories are estimated using a common data set. Empirical results differ as expected. This article evidences why the theoretical basis for an empirical model depends on clearly defining the objective(s) of the research.
dc.identifierdoi:10.22004/ag.econ.43201
dc.identifierhttps://ageconsearch.umn.edu/record/43201/files/Carlberg%20JAAE%20December%202003.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/43201
dc.identifier.urihttp://hdl.handle.net/123456789/551326
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/43201
dc.titleAlternative Theories and Empirical Approaches to Price Discovery: An Application to Fed Cattle
dc.typeText

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