This paper estimates the impact on consumer behavior of a firm's voluntary disclosure of information. Specifically, we study the impact of Starbucks' disclosure of calorie information on its menu boards in June 2013. Using data on over 250,000 consumers' visits to specific restaurant chains, we...

A common objection to "sin taxes"--corrective taxes on goods that are thought to be overconsumed, such as cigarettes, alcohol, and sugary drinks--is that they often fall disproportionately on low-income consumers. This paper studies the interaction between corrective and redistributive motives...

The Nutrition Labeling and Education Act (NLEA) imposed significant changes in the information about calories and nutrients that manufacturers of packaged foods must provide to consumers. This paper tests whether the release of this information impacted body weight and obesity among American...