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The three major infant formula manufacturers bid state by state to be the exclusive provider to poor families under the Women, Infants, and Children (WIC) program, and all three compete for non-WIC customers at grocery stores. Previous studies explained the low WIC prices and the higher retail...
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We use order statistics to analytically derive demand functions when consumers choose from among the varieties of two brands—such as Coke and Pepsi—and an outside good. Soft-drinks have no price variability across varieties within a brand, so traditional demand systems (e.g., mixed logit)...
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The infant formula rebate program of the Special Nutrition Program for Women, Infants, and Children (WIC) requires each state to hold an auction where the low-bidder among the three major manufacturers of infant formula became the sole provider of formula to the state, which issues WIC voucher...
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The three major infant formula manufacturers bid state by state to be the exclusive provider to poor families under the Women, Infants, and Children (WIC) program, and all three compete for non-WIC customers at grocery stores. Previous studies explained the low WIC prices and the higher retail...
Persistent link: https://www.econbiz.de/10010816352