Performance of Alternative Component Pricing Systems for Pork-Reference-Cited by-同舟云学术

Performance of Alternative Component Pricing Systems for Pork

Published:1998-12 Issue:2 Volume:30 Page:313-324
ISSN:1074-0708
Container-title:Journal of Agricultural and Applied Economics
language:en
Short-container-title:J. Agric. Appl. Econ.

Author:

Brorsen B. Wade,Akridge Jay T.,Boland Michael A.,Mauney Sean,Forrest John C.

Abstract

AbstractOne method of implementing value-based marketing is a component pricing system. This research develops and evaluates alternative component pricing systems for pork. Two electronic technologies for estimating carcass components (optical probe and electromagnetic scanner) were evaluated on two sets of data representing different populations. Model accuracy increased as additional components were added.

Publisher

Cambridge University Press (CUP)

Subject

Economics and Econometrics,Agricultural and Biological Sciences (miscellaneous)

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