The ready-to-eat cereal industry is characterized by high concentration, high price-cost 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...

We develop a two-stage, multinomial logit model of UK land use to investigate the impact of policychanges upon agriculture. The model utilizes a large panel database covering the entirety of Englandand Wales for 14 years between 1969 and 2004 integrated with the economic and physicalenvironment...

With the growing recognition of the role played by geography in all sorts of economic problems, there is strong interest in measuring the size and scope of local spillovers (i.e., simple anonymous agglomeration or congestion effects, or more complicated interactions between individuals or firms...

A central feature of many models of location choice – whether of firms or households, within or across cities – is the role of local interactions or spillovers, whereby the payoffs from choosing a location depend in part on the number or attributes of other individuals or firms that choose the...

The introduction of measurement bias in parameter estimates into non-linear discrete choice models,as a result of using factor analysis, was identified by Train et al. (1987). They found that the inclusionof factor scores, used to represent relationships amongst like variables, into a subsequent...

This paper illustrates how public goods may be incorporated into a cost-of-living index. When public goods are weak complements to a market good, quality-adjusted prices for the market good capture all the welfare information required. They are also consistent with a Laspeyres index that...

Direct sales became in recent years a diversification strategy increasingly used by farms to answer theCAP reform, as well as to react to the continuous price squeeze. Direct sales is in fact a form of marketing that allowfarmers to retain a higher share of the final value of products. Far from...

This dissertation has four interrelated studies, namely (1) the characterization ofmilk purchase choices which included the purchase of organic milk, both organic andconventional milk and conventional milk only; (2) the estimation of a single-equationhousehold demand function for organic and...

This dissertation comprises a series of three essays that relate advances made to both theoretical and empirical issues in marketing. The first essay discusses the issue of endogeneity of market share and price in logit models and provides a theoretical procedure to solve this problem. The...

This thesis studies the interaction between new and used durable goods without physical depreciation. In product categories such as CDs/DVDs and video games, the competition from used goods markets has been viewed as a serious problem by producers. These products physically depreciate...