This paper investigates the impacts of store brands (i.e., private labels) and retail characteristics (scanners, deli, bakery, and pharmacy departments, ATMs, restaurant and store size) on fluid milk prices using 1,740 supermarket-level observations from four cities. Non-parametric results...

Modern biology is generating revolutionary advances in genetic knowledge and our capacity to change the genetic make up of crops and livestock. Much of this new science is proprietary, owned both by the private sector and increasingly by advanced public sector researchers, leading to a concern...

Biotechnology can help confer traits in crops and livestock that enhance yields and quality and reduce costs, often with attendant benefits to the environment. In economic terms biotechnology offers the potential of substantially reducing the research time and costs of genetically enhancing...

The primary objectives of this research are: (1) to identify the preferences of Connecticut apple consumers regarding product attributes and market characteristics; (2) to assess the impact of Connecticut promotion programs on consumer preference for Connecticut grown apples, and (3) to identify...

We estimate the effects of new brands on market competition and consumer welfare in the U.S. processed cheese market. We find that an observed increase in consumer welfare was attributable mainly to an increase in the number of brands in the sample market, while the price effect, which measures...