This study intends to examine if traditional local factors (climatic conditions) and/or green awareness spillovers contribute to the spatial dependency of farmland allocated to organic farming after its uptake in Taiwan. To investigate the push and pull factors to improving the policy targeting...

The endogeneity of retail markups arises due to the correlation between the markups and unobserved costs in the retail pricing equation. This correlations may be a result unobserved product quality affecting both price and markups. Despite inconsistency resulting from markup endogeneity, it has...

This paper investigates the role of horizontal and vertical market structures in pricing differentiated products. The conceptual model demonstrates how substitution and complementarity relationships between products and across vertical channels relate to market concentration and market size. The...

Socioeconomic determinants are investigated for both the likelihood of consuming fastfood and household expenditure on fastfood using the 1994-98 USDA Continuing Survey of Food Intakes by Individuals. The logit model is used to estimate an empirical relationship between probability an individual...

This paper investigates bundle pricing under imperfect competition. In a multiproduct context, we first examine how substitution/complementarity relationships among products can affect pricing. This is used to motivate multi-product generalizations of the Herfindahl-Hirschmann index (GHHI)...