To analyze U.S. consumers' brand choices for cheese purchases, we derive a set of discrete-choice models from dynamic utility maximization. ACNielsen Homescan Survey data on U.S. households is used to estimate a dynamic probit model for each of the top brands for cheddar, shredded, and sliced...

Agricultural production in Russia has experienced a significant decline in recent years. Agriculture's falling terms of trade and inadequate legal mechanisms on land ownership appear to impose expenditure constraints on Russian farms. This study explores the sources of inefficiency in Russian...