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Nanotechnology has tremendous potential in food and agriculture. Few economic studies focused on specific products made using nanotechnology, let alone food or food related products. Using a national choice experiment survey, this analysis examines consumers’ valuations for nano-attributes. As...
Persistent link: https://www.econbiz.de/10010880872
In the canonical consumer demand problem, an agent makes a decision about quantities to consume, under the assumption that all possible varieties are available and can be accessed at zero cost. Quantities of each budget item are adjusted to achieve maximum utility subject to the budget...
Persistent link: https://www.econbiz.de/10010880903
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We develop a new framework to analyze the effect of calorie posting on overconsumption of calories in a fixed-price context (e.g., fixed-price buffets). The framework demonstrates that a desire to get `a good deal’ (transaction utility) and loss aversion can induce asymmetry between two...
Persistent link: https://www.econbiz.de/10010880994
The purpose of this paper is to examine the impact of bilateral imperfect competition between processors and retailers and of import supply on optimal advertising intensity, advertising expenditures, and checkoff assessment rates. First, comparative static analyses were conducted on the newly...
Persistent link: https://www.econbiz.de/10010881011
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The endogeneity of retail market power arises in the retail pricing equation due to the correlation between margins and unobserved cost components. Nevertheless, it has long been ignored in the equilibrium analysis of retail behavior. We address the issue via a control function approach in a new...
Persistent link: https://www.econbiz.de/10010915994
years. Within that context, we study a randomized control trial of 136 rural communities in Yemen. Poor households in half … of the communities received assistance in the form of in-kind food (wheat flour and oil), and households in the other … half received an equal valued cash transfer. On average, households that received cash exhibited greater dietary diversity …
Persistent link: https://www.econbiz.de/10010916025
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This study focused on investigating how respondents’ perceptions of biotechnology used in food production differs depending on the level of product transformation (i.e. fresh versus processed food). Using cluster analysis, respondents were clustered into two groups, genetically engineered (GE)...
Persistent link: https://www.econbiz.de/10010916056