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Pricing Stallion Seasons For An Individual Stallion: The Existence Of Top Tier Pricing And Market Power, Robert L. Losey Ph.D., Thomas E. Lambert 1959- Apr 2020

Pricing Stallion Seasons For An Individual Stallion: The Existence Of Top Tier Pricing And Market Power, Robert L. Losey Ph.D., Thomas E. Lambert 1959-

Faculty Scholarship

This paper is an academic treatment of the pricing of stallion seasons (a “season” confers the right to breed a mare to a stallion) The commercial stallion seasons market can be represented schematically as a triangle that normally has a single-digit number of stallions offering high-priced seasons in the narrow apex, a moderate number of stallions composing the middle section, and over 150 in the $5,000-$10,000 range. We argue that it is logical for profit-maximizing stallion managers, most especially those in the apex of the stallion seasons triangle, to charge different prices for different groups of buyers of the same …


Incremental Changes In Inbreeding When Comparing Stallion Pedigrees From The Years 2000 And 2020, Robert L. Losey Ph.D., Thomas E. Lambert 1959- Apr 2020

Incremental Changes In Inbreeding When Comparing Stallion Pedigrees From The Years 2000 And 2020, Robert L. Losey Ph.D., Thomas E. Lambert 1959-

Faculty Scholarship

This paper has been written in response to the Jockey Club’s proposal to limit the number of mares bred by any individual Thoroughbred stallion. The paper has three goals:

1) To provide a statistical analysis of the degree to which inbreeding in Thoroughbreds has increased over the last twenty years.

2) To review recent literature by equine geneticists who research and/or discuss inbreeding trends and genetic diversity and the advantages and drawbacks of inbreeding.

3) To discuss how the specifics of the original Jockey Club mare limit proposal could be altered to better serve the industry.

The results of our …