Price Determinants of Ranch Horses Sold at Auction in Texas

Abstract

A hedonic pricing model was used to determine parameters affecting ranch horse prices at two Texas auctions. Color, sex, age-sex interaction, sale order, and consigning ranch were all found to significantly affect price. Sire analysis found that progeny performance records did not significantly affect price.auction, hedonic model, ranch horses, Demand and Price Analysis, Livestock Production/Industries, C01, Q10,