Many acquisitions are conducted by clubs, i.e., coalitions of acquirers that submit a single bid. We present a novel analysis of club bidding where the club creates value by aggregating, at least partially, bidders' values. We show that club formation can lead to higher acquisition prices when...

The study has explored the intricacies of fodder value chain in Bihar. It has found that paddy straw and wheat bhusa (Wheat straw) are the major fodders that account for about 95 per cent of the total marketed fodder in Bihar. Mainly four types of fodder supply chains have been identified. It...

Livestock production, especially dairy, has long been an important activity for smallholder and resource-poor farmers in India, both for household nutrition and income. Most of the livestock are kept in mixed farming systems, where crop residues, mainly cereal straws have been an important feed...

India has one of the largest livestock sectors in the world and the largest livestock population with 520.6 million head. Of the world’s livestock population, cattle contribute 12.7%, Buffalo 56.7%, goats, 14.5% and sheep 5.9 % (FAOSTAT, 2008). Livestock constitutes a natural asset for the...