Not only does information about food recalls play a vital role in changing the demand for implicated food products, but it also impacts the demand for close substitutes. The study aims to identify the structural change in demand for cookie dough due to the 2009 cookie dough recall of Brand1, one...

It is increasingly recognized that respondents use simple heuristics such as attribute non-attendance to make decisions in the discrete choice experiments. This paper use the latent class model to investigate different choice strategies and explore robust welfare estimates under varying...

In this study, we explore how the acquisition of Smithfield, the world’s larger pork producer, by a Chinese firm Shuanghui, on Chinese consumers’ WTP to meat product using experimental auctions. We conducted two sets of experiments, one when the acquisition was still pending approval and the...

This paper combines hedonic analysis of retail prices of artisan cheese with analysis of experimental auction data to answer two key research questions: how do artisan cheese consumers perceive tradeoffs between safety and quality? To what extent do they perceive pasteurization and aging to be...

This study investigates whether peers are a contributing factor in childhood body-weight outcomes. Using an instrumental variables method on exogenously assigned peers, we find that the weight of peers within the same grade and school significantly impacts body mass index (BMI) z-score of an...