It is well documented that a large share of new products does not survive their first year in the market. Research reported in this paper examined the relationship between product quality and innovation success. In contrast to existing product innovation literature that focused on industrial...

International and interregional trade and transport are on the rise and hence, there is a clear needfor reliable estimates of transport flows. However, the available databases and estimation methodsare not yet satisfactory for analytical and predictive purposes.In this paper we explore the use...

This paper examines international trade in tainted food and other low-quality products. Wefirst find that for a large class of environments, free trade is the trading system that conveysthe highest incentives to produce non-tainted high-quality goods by foreign exporters.However, free trade...

This paper studies the relationship between export policy and food prices. We show that, when individuals are loss averse, food exporters may use trade policy to shield the domestic economy from large price shocks. This creates a complementarity between the price of food in international markets...

The Thanksgiving-Christmas holiday period is a major sales period for US retailers. Due to higher store traffic, tasks such as restocking shelves, handling customers' questions and inquiries, running cash registers, cleaning, and bagging, become more urgent during holidays. As a result, the...

A new approach is developed for the treatment of 'Don't Know' (DK) responses, within Choice Experiments. A DK option is motivated by the need to allow respondents the opportunity to express uncertainty. Our model explains a DK using an entropy measure of the similarity between options given to...

Im August 2022 erreichte die Inflationsrate mit 7,9 % wieder den Höchststand vom Mai 2022. Während sich der Preisauftrieb bei Kraftstoffen etwas abschwächte, beschleunigte er sich bei Haushaltsenergie und Nahrungsmitteln. Die Preissprünge bei Energie und Nahrungsmitteln dominieren weiterhin...