Browsing Agricultural Economics publications (MU) by Title "Asymmetric Information in Cattle Auction: The Problem of Revaccinations"
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Asymmetric Information in Cattle Auction: The Problem of Revaccinations
(2004-07)The paper analyzes the problem of asymmetric information between buyers and sellers in cattle auctions. An illustration is made regarding the vaccinations that the animals receive. Buyers do not know and cannot verify if ...