Showing 1 - 10 of 151
discrete choice experiment provides a novel investigation of the acceptability of different interventions to reduce alcohol … consumption and the effect of information on expected effectiveness, using a UK general population sample of 1202 adults. Policy … options included high, medium and low intensity versions of: Minimum Unit Pricing (MUP) for alcohol; reducing numbers of …
Persistent link: https://www.econbiz.de/10011042269
whether firms discount cigarettes in ways consistent with a life-cycle consumption model. We find that the three highest …
Persistent link: https://www.econbiz.de/10010951451
We use detailed micro data to document a causal response of local retail price to changes in house prices, with elasticities of 15%-20% across housing booms and busts. Notably, these price responses are largest in zip codes with many homeowners, and non-existent in zip codes with mostly renters....
Persistent link: https://www.econbiz.de/10011269065
In this paper we measure the effect of year to year changes in the weather on wine prices and winery revenue in the Mosel Valley in Germany in order to determine the effect that climate change is likely to have on the income of wine growers. A novel aspect of our analysis is that we compare the...
Persistent link: https://www.econbiz.de/10008631094
In early 2003, France actively tried to thwart the plans of the Bush administration to build international support for a war to depose Iraqi ruler Saddam Hussein. In response, calls in the United States for a boycott of French products, wine in particular, rebounded through all forms of media....
Persistent link: https://www.econbiz.de/10005829441
The ready-to-eat cereal industry is characterized by high concentration margins, large advertising to sales ratios, and numerous introductions of new products. Previous researchers have concluded that the ready-to-eat cereal industry is a classic example of an industry with nearly collusive...
Persistent link: https://www.econbiz.de/10005774775
In this paper we propose a method to evaluate the effectiveness of U.S. horizontal merger policy and apply it to the study of five recent consumer product mergers. We selected the mergers from those that, from the public record, seemed to be most problematic for the antitrust agencies. Thus we...
Persistent link: https://www.econbiz.de/10005777461
We estimate the effect of information and expertise on consumers’ willingness to pay for national brands in physically homogeneous product categories. In a detailed case study of headache remedies we find that more informed or expert consumers are less likely to pay extra to buy national...
Persistent link: https://www.econbiz.de/10011144246
Using firm-level survey data for the West German manufacturing sector, this paper revisits the technology-driven business cycle hypothesis for the case of aggregate investment. We construct a survey-based measure of technology shocks to gauge their contribution to short-run investment...
Persistent link: https://www.econbiz.de/10010969200
Are firms' expectations systematically too optimistic or too pessimistic? Does it matter? We use micro data from the West German manufacturing subset of the IFO Business Climate Survey to infer quarterly production changes at the firm level and combine them with production expectations over a...
Persistent link: https://www.econbiz.de/10010969204