Showing 1 - 10 of 461
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
This paper presents a new method for estimating discrete games based on bounds of conditional choice probabilities. The method does not require solving the game and is scalable to models with many firms and many discrete decisions. We apply the method to study merger effects on firm entry and...
Persistent link: https://www.econbiz.de/10013334365
How malleable is alcohol consumption? Specifically, how much is alcohol consumption driven by the current environment … versus individual characteristics? To answer this question, we analyze changes in alcohol purchases when consumers move from … alcohol purchases than the origin state, the household is likely to increase (decrease) its alcohol purchases right after the …
Persistent link: https://www.econbiz.de/10013334462
competition. However, when products are differentiated curbing consumption through market power can be costly. Firms with market … consumption, PH leads to substantially lower consumer welfare (and government revenue) compared to excise, sales or Ramsey taxes … by distorting consumption choices away from high-quality/premium brands and towards low-quality brands. Replacing PH with …
Persistent link: https://www.econbiz.de/10013537788
We provide a general framework for incorporating many types of micro data from summary statistics to full surveys of selected consumers into Berry, Levinsohn, and Pakes (1995)-style estimates of differentiated products demand systems. We extend best practices for BLP estimation in Conlon and...
Persistent link: https://www.econbiz.de/10014337838
The growing discussions of impact investing and stakeholder capitalism have increased interest in measuring companies' social impact. We conceptualize corporate social impact as the welfare loss that would be caused by a firm's exit. To illustrate, we quantify the social impacts of 74 firms in...
Persistent link: https://www.econbiz.de/10014421228
Using spatial and temporal variation in openings of fast food restaurants in Norway between 1980 and 2007, we study the effects of changes in the supply of high caloric nutrition on the health and cognitive ability of young adult males. Our results indicate that exposure to these establishments...
Persistent link: https://www.econbiz.de/10014287327
The global food system is an important contributor to greenhouse gas emissions that lead to climate change. Animal agriculture is responsible for a large share of the food-system emissions, both directly and through the production of animal feed. Limiting global warming to the goals set forth by...
Persistent link: https://www.econbiz.de/10014635699
We study habitual brand loyalty, one of the earliest empirically-studied forms of switching costs and a classic source of structural state-dependence in consumer demand. Auxiliary instruments and economically-motivated restrictions can tighten nonparametric bounds on the extent of brand loyalty...
Persistent link: https://www.econbiz.de/10015072935
point in expected returns increases the consumption share of the top 10% by 6% permanently. Our findings suggest that lower … generalized formula that includes the consumption/wealth ratio and which is consistent with our empirical and theoretical findings …
Persistent link: https://www.econbiz.de/10014512036