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Is the Focus on Food Deserts Fruitless? Retail Access and Food Purchases Across the Socioeconomic Spectrum
Handbury, Jessie - 2015
Using novel data describing the healthfulness of household food purchases and the retail landscapes consumers face, we measure the role of access in explaining why wealthier and more educated households purchase healthier foods. We find that spatial differences in access, though significant, are...
Persistent link: https://www.econbiz.de/10012457540
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Not-so-Classical Measurement Errors : A Validation Study of Homescan
Einav, Liran - 2008
We report results from a validation study of Nielsen Homescan data. We use data from a large grocery chain to match thousands of individual transactions that were recorded by both the retailer (at the store) and the Nielsen Homescan panelist (at home). First, we report how often shopping trips...
Persistent link: https://www.econbiz.de/10012464211
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Inflation Expectations, Learning and Supermarket Prices
Cavallo, Alberto - 2014
Information frictions play a central role in the formation of household inflation expectations, but there is no consensus about their origins. We address this question with novel evidence from survey experiments. We document two main findings. First, individuals in lower-inflation contexts have...
Persistent link: https://www.econbiz.de/10012458089
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Improving the Quality of Choices in Health Insurance Markets
Abaluck, Jason - 2016
Insurance product choice is a central feature of health insurance markets in the United States, yet there is ongoing … concern over whether consumers choose appropriately in such markets - and little evidence on solutions to any choice … document large choice inconsistencies, with the typical employee foregoing savings of more than $600 in their insurance plan …
Persistent link: https://www.econbiz.de/10012455763
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Hub and Spoke Cartels : Theory and Evidence from the Grocery Industry
Clark, Robert; Horstmann, Ignatius J.; Houde, Jean-François - National Bureau of Economic Research - 2021
Numerous recently uncovered cartels operated along the supply chain, with firms at one end facilitating collusion at the other - hub-and-spoke arrangements. These cartels are hard to rationalize because they induce double marginalization and higher costs. We examine Canada's alleged bread cartel...
Persistent link: https://www.econbiz.de/10012629473
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Estimating the Border Effect : Some New Evidence
Gopinath, Gita - 2009
To what extent do national borders and national currencies impose costs that segment markets across countries? To answer this question we use a dataset with product level retail prices and wholesale costs for a large grocery chain with stores in the U.S. and Canada. We develop a model of pricing...
Persistent link: https://www.econbiz.de/10012463710
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Why Does the Average Price of Tuna Fall During Lent?
Nevo, Aviv - 2005
For many products the average price paid by consumers falls during periods of high demand. We use information from a large supermarket chain to decompose the decrease in the average price into a substitution effect, due to an increase in the share of cheaper products, and a price reduction...
Persistent link: https://www.econbiz.de/10012467106
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A Welfare Analysis of Tax Structures with Love-of-Variety Preferences
Kroft, Kory; Laliberte, Jean-William P.; Vizcaino, Rene Leal - National Bureau of Economic Research - 2021
This paper reassesses the general trade-off between ad valorem and specific taxation using an economic model that features love-of-variety preferences and encompasses a wide range of market conduct - including both quantity and price competition - while allowing for firm entry and exit. We...
Persistent link: https://www.econbiz.de/10012533387
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Wheat or Strawberries? Intermediated Trade with Limited Contracting
Krishna, Kala - 2014
Why do developing countries fail to specialize in products in which they appear to have a comparative advantage? We propose a model of agricultural trade with intermediation that explains how hold-up resulting from poor contracting environments can produce such an outcome. We use the model to...
Persistent link: https://www.econbiz.de/10012458035
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Estimation of Dynamic Discrete Choice Models in Continuous Time with an Application to Retail Competition
Arcidiacono, Peter - 2012
choice models in continuous time that is computationally light and readily applicable to dynamic games. In the proposed … framework, players face a standard dynamic discrete choice problem at decision times that occur stochastically. The resulting …
Persistent link: https://www.econbiz.de/10012460211