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We develop a flexible model to examine competitive conditions in the food retailing industry based on the Box-Cox transformation of the demand and industry equilibrium conditions. The impact of key technological and market developments on shifts in the competitive index is examined. Adoption of...
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This paper provides a methodology for the estimation of recreational demand functions and values using an ecoregional approach. Ten ecoregions in the continental US were defined based on similarly functioning ecosystem characters. The individual travel cost method was employed to estimate the...
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