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conventional milk, using weekly scanner data from the Swedish retail market for the years 2011-2017. Own- and cross-price … demand for organic milk is commonly more price elastic than for its conventional alternative, this paper complements previous … literature by (i) studying a market with relatively small organic price premiums, (ii) using a highly representative sample of …
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We propose a method to quantify other-regarding preferences in group decisions. Our method is based on revealed preference theory. It measures willingness-to- pay for others’ consumption and willingness-to-pay for equality in consumption by evaluating consumption externalities in monetary...
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Reference price regimes for prescription drugs are usually implemented with the aim of curbing public expenditure with … pharmaceuticals, induce drug substitution from branded to generics drugs and enhance competition. In these systems, patients co …-pay the difference between the drug's pharmacy retail price and the reimbursement level. Relying on a detailed product …
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