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Persistent link: https://www.econbiz.de/10010469918
Over half of all infant formula sold in the United States is purchased through the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC). Typically, WIC State agencies obtain substantial discounts in the form of rebates from infant formula manufacturers for each can of...
Persistent link: https://www.econbiz.de/10005321048
US government agencies in WIC infant-formula procurement auctions receive lower bids and final prices when they are in buyer’s alliances than when they are unallied. The Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) uses an auction to procure infant formula....
Persistent link: https://www.econbiz.de/10009367465
Although the WIC food assistance program purchases over one-half of all US infant formula, I find the program has little impact on the prices paid by non-WIC customers. I estimate infant-formula marginal cost and find that it is low compared to price, implying large price-cost markups. But, the...
Persistent link: https://www.econbiz.de/10008477217
Over half of all infant formula sold in the United States is purchased through the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC). Typically, WIC State agencies obtain substantial discounts in the form of rebates from infant formula manufacturers for each can of...
Persistent link: https://www.econbiz.de/10005620081
Although the WIC food assistance program purchases over one-half of all US infant formula, I find the program has little impact on the prices paid by non-WIC customers. I estimate infant-formula marginal cost and find that it is low compared to price, implying large price-cost markups. But, the...
Persistent link: https://www.econbiz.de/10009002534
These files provide a database of rebate bids made by infant formula manufacturers to state WIC agencies. The database was constructed by compiling bids from a number of sources. Every effort was made to assure the accuracy of bids. There are three files. The first documents the contents of the...
Persistent link: https://www.econbiz.de/10008854207