Weaber, Robert L.; Lusk, Jayson L. - In: American Journal of Agricultural Economics 92 (2010) 5, pp. 1456-1471
A genetic simulation model is combined with an economic model of the U.S. beef industry to determine how consumer demand shifts, resulting from bull and heifer selection strategies that improve steak tenderness, affect economic profitability at four points in the beef supply chain. The results...