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We use order statistics to analytically derive demand functions when consumers choose from among the varieties of two brands—such as Coke and Pepsi—and an outside good. Soft-drinks have no price variability across varieties within a brand, so traditional demand systems (e.g., mixed logit)...
Persistent link: https://www.econbiz.de/10010700297
The three major infant formula manufacturers bid state by state to be the exclusive provider to poor families under the Women, Infants, and Children (WIC) program, and all three compete for non-WIC customers at grocery stores. Previous studies explained the low WIC prices and the higher retail...
Persistent link: https://www.econbiz.de/10010816352
Consumers choose from among the varieties of two brands and an outside good using order statistics. We analytically derive demand functions conditional on their valuations of the varieties being distributed independently uniform. Based on this theory, we estimate a threeparameter empirical...
Persistent link: https://www.econbiz.de/10010816360
Persistent link: https://www.econbiz.de/10009646072
The three major infant formula manufacturers bid state by state to be the exclusive provider to poor families under the Women, Infants, and Children (WIC) program, and all three compete for non-WIC customers at grocery stores. Previous studies explained the low WIC prices and the higher retail...
Persistent link: https://www.econbiz.de/10010880409
The infant formula rebate program of the Special Nutrition Program for Women, Infants, and Children (WIC) requires each state to hold an auction where the low-bidder among the three major manufacturers of infant formula became the sole provider of formula to the state, which issues WIC voucher...
Persistent link: https://www.econbiz.de/10005803180
The infant formula rebate program of the Special Nutrition Program for Women, Infants, and Children (WIC) requires each state to hold an auction where the low-bidder among the three major manufacturers of infant formula became the sole provider of formula to the state, which issues WIC voucher...
Persistent link: https://www.econbiz.de/10009444964
Persistent link: https://www.econbiz.de/10010338756
Persistent link: https://www.econbiz.de/10003718953
Persistent link: https://www.econbiz.de/10003558370