@article{Fausti:95609,
      recid = {95609},
      author = {Fausti, Scott W. and Qasmi, Bashir A. and Li, Jing and  Diersen, Matthew A.},
      title = {The Effect of the Livestock Mandatory Reporting Act on  Market Transparency and Grid Price Dispersion},
      journal = {Agricultural and Resource Economics Review},
      address = {2010-10},
      number = {1203-2016-95445},
      pages = {11},
      year = {2010},
      abstract = {The Livestock Mandatory Reporting Act (MPR) of 1999 was  implemented in April 2001. Empirical evidence indicates a  significant change in intra-week price dispersion  associated with publicly reported fed cattle grid premiums  and discounts occurring after MPR implementation.
     The  research objective is to evaluate the effect of increased  market transparency resulting from implementation of MPR,  on grid intra-week premium and discount dispersion levels.  Empirical results suggest that increased transparency is  compatible with intra-week dispersion levels increasing.  Increased dispersion suggests that during the pre-MPR  period weekly premium and discount data may have been drawn  from a non-representative sample. From the empirical  evidence, it is concluded that reform of the livestock  price-reporting system appears to have been necessary in  the case of publically reported grid premiums and  discounts.},
      url = {http://ageconsearch.umn.edu/record/95609},
      doi = {https://doi.org/10.22004/ag.econ.95609},
}