A calibrated model is used to determine the welfare impacts of various regulatory instruments for improving health. The results of a lab experiment are integrated in a partial equilibrium model representing demands for two kinds of fish, one with higher nutritional benefits (canned sardines) and...

This paper examines the financing of monitoring agencies deriving the welfare-improving combinations of public revenue, industry fees, and penalties that should be used to finance quality regulations. The model shows that if some firms are not expected to comply with quality standards, penalties...

This article discusses some economic issues linked to the 2006 European regulation regarding geographical indications. Economic implications of this regulation for foreign producers are investigated. The article examines whether or not the development of a geographical indication is a profitable...