Agricultural economists first carried out demand studies in order to understand determinants of farm prices and incomes. The shift to a focus on consumer welfare began with studies of the role of food and food assistance in standards of living. Now the profession is more concerned with how...

Over the past thirty-five years, the U.S. adult obesity rate has more than doubled from roughly 15% to 35%, reflecting a general diffusion of obesity across all segments of the adult population (USDHHS). Obesity is a concern because it increases the risk for cardiovascular diseases, diabetes,...

Firms who sell regional or specialty products often share a collective reputation based on aggregate quality. Collective reputation can be approached as a dynamic common property resource problem. We show that for an experience good without firm traceability, individual firms have the incentive...

Firms who sell regional or specialty products often share a collective reputation based on aggregate quality. Collective reputation can be approached as a dynamic common property resource problem. We show that for an experience good without firm traceability, individual firms have the incentive...