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The mid 1990s was a pivotal period for the UK retail wine market, as New World Wines started to expand significantly at the expense of Old World Wines. This paper reviews supply and demand-side characteristics of the UK wine market during this period, and the underlying wine labeling scheme,...
Persistent link: https://www.econbiz.de/10008550356
Latest data on the diet of Canadians from the Canadian Community Health Survey reveals that the diet quality of Canadians needs improvement. Within this paper predictors of diet quality in Canada are identified based on two cross-sectional data sets from the Canadian Food Expenditure Survey. To...
Persistent link: https://www.econbiz.de/10004973998
Given the large number of choices that consumers make each day it seems likely that they will generally adopt decision strategies that minimize cognitive effort, particularly with low price products such as most items found in a supermarket. One such strategy may be to simply choose what has...
Persistent link: https://www.econbiz.de/10008800977
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The responses of a random sample of consumers to the use of bovine somatotrophin (BST) in milk production were elicited using a stated preference methodology. A multinomial logit model of consumer choice was developed and tested to analyse consumers' choices of milk with varying characteristics...
Persistent link: https://www.econbiz.de/10005038692
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This paper derives a set of linear and nonlinear restrictions to make a n-goods linear AIDS symmetric when all prices are allowed to vary. When prices are scaled by their means, the conventional restrictions are sufficient to make the linear AIDS symmetric at mean. This indicates an additional...
Persistent link: https://www.econbiz.de/10005514008
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Welfare economics is often employed to measure the impact of economic policies or externalities. When demand is characterized by discrete choices, static models of consumer demand are employed for this type of analysis because of the difficulty in estimating dynamic discrete choice models. In...
Persistent link: https://www.econbiz.de/10005514020
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