Livestock Markets and Buyers' Perspectives on Voluntary versus Mandatory Disclosure of Information: Evidence from Cattle Markets in Uttar Pradesh

Using data from buyers and sellers of livestock in three markets in Pratapgarh district of Uttar Pradesh this study examines the functioning of livestock markets with focus on disclosure of information and constraints faced by buyers and sellers. In traditional markets voluntary disclosure has been reported to exist for quite long, but it restricts itself to information on search and experience attributes of the animals which may lead to lack of transparency in the markets. The findings of the study clearly indicate that the livestock market may work well to induce self or voluntary disclosure of information for search and experience attributes, the mandatory disclosure is important for credence attributes of the animal and thereby efficient functioning of markets. The study suggests strengthening of infrastructure in livestock markets


Issue Date:
2014
Publication Type:
Journal Article
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/229832
PURL Identifier:
http://purl.umn.edu/229832
Published in:
Indian Journal of Agricultural Economics, 69, 3
Page range:
271-279
Total Pages:
9
JEL Codes:
Q11; Q13; Q19




 Record created 2017-04-01, last modified 2020-10-28

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