The provision of nutrition and health information on food labels is increasing as an industry and regulation answer to the growing consumer concern with diet-health relationships. Prior research has shown that the presence of this information on food labels is valued by consumers; however there...

There is a growing body of evidence in the non-market valuation literaturesuggesting that responses to a sequence of discrete choice questions tend to violate theassumptions typically made by analysts regarding independence of responses andstability of preferences. Heuristics such as value...

Recreational anglers are known to seek different types of experiences in different settings.Such preference and behavioural diversity has important management implications. Researchmethods which assume only a limited degree of preference heterogeneity and impose rigidsubstitution patterns can...

An important issue in the agricultural actuarial literature is the extent to which sample period selection affects the accuracy of insurance rating. A conditional Weibull distribution approach is developed which explicitly models the interaction of weather, technology, and other variables...

We use a two-stage, sample selection model to investigate organic milk purchases using Neilsen’s Homescan data. In the first stage, households decide on a weekly basis to buy mainly organic milk or non-organic milk. Results from this stage show that higher income, better education, having...

Este trabajo desarrolla un método flexible y semiestructural para cuantificar empíricamente la transmisión no lineal de los shocks de renta a las decisiones de elección de cartera de los hogares, tanto en el margen extensivo como en el intensivo. Modelizo la participación en el mercado de...