We examine the role of reference prices (field prices) in willingness to pay studies involving experimental auctions. Using a 2nd price Vickrey auction, we find that provision of reference prices increases bid values.

We examine the bidding behavior of students and non-students in experimental auctions by comparing their willingness to pay (WTP) values for a good. Our results suggest that there is no significant difference between the WTP bids of the two groups.

The demand for food away from home, food at home, and non-food items is investigated using a complete systems approach. Using the linear approximation of the dynamic version of the Almost Ideal Demand System, the results indicate that the share of total expenditure going to food away from home...

The current Food Stamp Program uses fixed benefit payments that do not provide incentives for participants to improve their nutrient intake. This paper examines an alternative contract using a transfer that increases with expenditures on high nutrient foods as a way to increase nutrient intake...

The role of health knowledge in consumer use of nutritional labels on food packages is explored using data from the 1995 Diet and Health Knowledge Survey. Two types of label use models, a binary choice label use model and a level of label use model, are employed with particular attention given...

This study examines the effects of a wife's participation in the labor force and other socioeconomic factors on family expenditures for prepared food, food prepared at home, and food away from home using the Bureau of Labor Statistics 1992 consumer expenditure survey. On the one hand, results...