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National Repository of Grey Literature 11 records found  previous11 - 11  jump to record: Search took 0.00 seconds. 
Analysis of Thoroughbred auctions in Czech republic
 Wimmerová, Tereza ; Kovanda, Lukáš (advisor) ; Rod, Aleš (referee)
Price determinants and presence of adverse selection in Thoroughbred market are extensively explored in foreign countries, but not in Czech Republic and this is the first work on the data of Central European auction of Thoroughbreds. Using hedonic pricing model and a regression analysis has been found on data about 54 horses, that significant price determinants are the year of holding the auction (2008 and 2010), age of horse and its gender, Velka pardubicka steeplechase eligibility, foreign origin and quality of horses's dam. Buyers likely distinguish between two types of sellers and are willing to pay less to those sellers, who likely select adversely, but the significance hasn't been certified. Results of an online form support the results of the model.
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