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.

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Year of publication:	1984
Authors:	Spreen, Thomas H. ; Arnade, Carlos Anthony
Published in:	Southern Journal of Agricultural Economics. - Southern Agricultural Economics Association - SAEA. - Vol. 16.1984, 01
Publisher:	Southern Agricultural Economics Association - SAEA
Keywords:	Livestock Production/Industries

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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