This article examines the potential quality bias in price elasticities in cross-sectional demand analysis and develops a framework that can be used to avoid this problem. Both analytical and empirical results indicate that ignoring quality adjustment in either prices or quantities can cause...

This article examines whether the inclusion of the price risk variable as an explanatory variable in a Gardner-type acreage response model is statistically significant. By estimating six separate soya bean acreage response equations, including two linear equations with and without risk, two...

Posting tax-inclusive price tags on grocery products can reduce demand through an information effect that corrects consumers who misperceive the actual tax status. We disentangle the information effect from the salience effect developed by Chetty, Looney and Kroft (2009, CLK for short). By...