We utilize the outbreak surveillance data from the Centers for Disease Control and Prevention (CDC) to examine whether consumer demand is impacted by the outbreak of food-borne disease. An additional person sickened due to the ingestion of tainted cheese products at home is found to decrease per...

Production labeling is a common approach for differentiating otherwise similar products in the marketplace. While these labels may convey positive messages to consumers about the new product, they may simultaneously stigmatize the conventionally produced product by highlighting perceived...

If generic advertising is effective at increasing the demand for the advertised product, then there will not only be direct effects on the sponsors of the advertising, but also indirect effects on other market participants. This article addresses two such distributional issues using the U.S....

Recently, many commodity groups have shifted promotion expenditures from generic advertising to non-advertising activities such as in-store promotion programs. Accordingly, corresponding evaluation methods need to be developed to identify the benefits of these non-advertising programs. We...

An imperfect competition model for the Japanese rice market is developed to examine the impact of the current supply control policy used in Japan. The model simulates farm revenues with and without the current Acreage Reduction Program (ARP). The results indicate that the current ARP enhances...

The mandatory nature of generic advertising funding remains a contentious issue. Theoretically and in laboratory environments, a provision point mechanism with a money-back guarantee offers an attractive voluntary alternative to the standard voluntary contribution mechanisms, yet in practice,...

Anthropogenic emissions of carbon dioxide and other "greenhouse" gases have the potential to substantially warm climates worldwide. While the timing and magnitude of global warming is uncertain, scientists on the Intergovernmental Panel on Climate Change (IPCC) predict that average global...

The degree of market power exercised by fluid and manufactured processors in the U.S. dairy industry is estimated. AppelbaumÂ’'s quantity-setting conjectural variation approach is cast into a switching regime framework to account for the two market regimes created by the existence of the...

This study experimentally tests whether a modification to the centralized quota sales system is capable of lowering the price of the milk quota in Québec, while at the same time minimizing the negative impacts on the auction's efficiency. This modification consists of applying two treatments on...