In this paper we relate the economics of labeling genetically modified (GM) products to thetheory of grading and minimum quality standards. The model represents three stages in thesupply chain (farm production, marketing handlers, and final users) and allows explicitly for theaccidental...

Manski [13] proposed an approach for dealing with a particular form respondentuncertainty in discrete choice settings, particularly relevant in survey based researchwhen the uncertainty stems from the incomplete description of the choice scenarios.Specically, he suggests eliciting choice...

A Bayesian variable selection procedure is used to control for uncertainty in thespecication of a recreational demand model. In contrast to comparing models basedon the likelihood values with unknown sampling properties (as in, e.g., Egan et al,2009), we propose a model that draws on the...

The literature assessing the efficacy of the Food Stamp Program, now called the Supplemental Nutrition Assistance Program (SNAP), has long puzzled over positive associations between food stamp receipt and various undesirable health outcomes such as food insecurity. Assessing the impact of food...

In the context of U.S. farm policy, this paper analyzes the effect that expectationsabout base acreage and yield updating in future policies have on a farmer’s productiondecisions in the presence of price, yield and policy uncertainty. We consider a riskaverse farmer producing a single crop...

Policymakers have been puzzled to observe that food stamp households appear more likely tobe food insecure than observationally similar eligible nonparticipating households. We reexamine this issueallowing for nonclassical reporting errors in food stamp participation and food insecurity....