USE OF FORECASTS IN DECISION-MAKING: THE CASE OF STOCKER CATTLE IN FLORIDA

The decision to overwinter feeder cattle hinges directly on the forecast of spring cattle prices. An analysis of price forecasts from several alternative models is presented. The models are evaluated using both the traditional mean square criterion and alternative criteria. The alternative criteria evaluate the profitability of the decision implemented based upon the forecast.


Issue Date:
1984-07
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/29607
Published in:
Southern Journal of Agricultural Economics, Volume 16, Number 1
Page range:
145-150
Total Pages:
6




 Record created 2017-04-01, last modified 2017-08-24

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