Showing 1 - 10 of 133
We study how the introduction of private-label brands (PLs) affects retailers' prices, demand, and profits, explicitly accounting for assortment adjustments of national brands (NBs) in retail stores. Using a detailed dataset on the U.S. beef market, we find that, when PLs are added to the...
Persistent link: https://www.econbiz.de/10012653276
This paper develops an empirical model of consumer taste in twenty-nine Belgium food industries for the period from … substantial taste heterogeneity in food exports across destination countries. Overall, in the large majority of food exports …
Persistent link: https://www.econbiz.de/10013494393
We model firms' quality disclosure and pricing in the presence of cursed consumers, who fail to be sufficiently skeptical about undisclosed quality. We show that neither competition nor the presence of sophisticated consumers necessarily protect cursed consumers from being exploited....
Persistent link: https://www.econbiz.de/10011847547
We model competition on a credence market governed by an imperfect label, signaling high quality, as a rank-order tournament between firms. In this market interaction, asymmetric firms jointly and competitively control the underlying quality ranking's precision by releasing individual...
Persistent link: https://www.econbiz.de/10014336462
We study consumer response towards sponsored search advertising and how to improve advertising performance on a large e-commerce platform. Our research design is based on a field experiment which randomizes the salience of ad disclosure to consumers, and a natural experiment which eradicates a...
Persistent link: https://www.econbiz.de/10013342873
We use two approaches to examine the macroeconomic consequences of disruptions in global food commodity markets. First …) in a standard vector autoregression (VAR) model, and we estimate the dynamic effects of global food commodity supply … shocks on the US economy. As an alternative, we also estimate the consequences of thirteen narratively identified global food …
Persistent link: https://www.econbiz.de/10011565633
the importing country. We examine how the risk of rejection at European borders is affecting Chinese agri-food exporters …
Persistent link: https://www.econbiz.de/10011447532
We analyse the determination of taxes on harmful goods when consumers have self-control problems. We show that under reasonable assumptions, the socially optimal corrective tax exceeds the average distortion caused by self-control problems. Further, we analyse how individuals with self-control...
Persistent link: https://www.econbiz.de/10003850338
This paper studies the relationship between export policy and food prices. We show that, when individuals are loss … averse, food exporters may use trade policy to shield the domestic economy from large price shocks. This creates a … complementarity between the price of food in international markets and export policy. Specifically, unilateral actions by exporting …
Persistent link: https://www.econbiz.de/10009522310
Using spatial and temporal variation in openings of fast food restaurants in Norway between 1980 and 2007, we study the …
Persistent link: https://www.econbiz.de/10014265952