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We study optimal disclosure of variety by a multi-product firm with random costs. In our model there are two varieties that are horizontally differentiated and differ in overall quality, but buyers cannot distinguish between them without labels. The equilibrium prices for labeled varieties are...
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In 2006, India proposed a draft rule requiring the labeling of all genetically modified (GM) foods and products derived … mandatory labeling policy for GM food. We focus on four products that would likely be the first affected by such a regulation in … India: cottonseed oil, soybean oil, brinjal (eggplant), and rice. We find that GM food labeling would generate a specific …
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, we show that there is no clear consensus on labeling regulations for GM food, and there is an increasing risk of …
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find any relationship as predicted by the rice theory. The role of rice farming in shaping cultural psychology and …
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to a lack of timely water. An evaluation of expected energy growth rates reinforces the need for significant economic …, insufficient agricultural production, and a low number of developed energy sources. The upper Blue Nile basin harbors considerable … planning and the necessity of securing energy trade contracts prior to extensive development. A Ramsey growth model for energy …
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