Economists attribute many common behaviors to risk aversion and frequently focus on how wealth moderates risk preferences. This paper highlights a problem associated with empirical tests of the relationship between wealth and risk aversion that can arise when the probabilities individuals face...

In this paper we focus specifically on the implications for additional traceability in the context of liability for food safety problems. We model formally the linkage between traceability and food safety and establish the implications of an increase in traceability-liability for food safety and...

This study will estimate the benefits to fruit and vegetable industries and consumers should people in the U.S. meet the USDA minimum dietary guidelines. Specifically the objectives of the study are to 1) estimate the benefits to fruit and vegetable industries and consumers should people eat the...