Existing research has demonstrated carryover effects whereby emotions generated in one context influence decisions in other, unrelated ones. We examine the carryover effect in relation to valuations of risky and ambiguous lotteries with a novel focus on comparing the carryovers arising from a...

Existing research has demonstrated carryover effects whereby emotions generated in one context influence decisions in other, unrelated ones. We examine the carryover effect in relation to valuations of risky and ambiguous lotteries with a novel focus on the comparison of carryovers arising from...

Feder's (1982) model of dualistic growth is derived in levels, suitable for time-series analysis and (i) extended to contexts where aggregate input data are unavailable (ii) sectoral externalities and productivity differentials are generalised in a two- and three-sector...

This paper develops a present value model of agricultural land values and applies it to data from England and Wales. Augmenting a simple present value model to allow for inflation hedging yields a unique cointegrating vector that is consistent with the predictions of present value theory and...

Feder's (1982) model of dualistic growth is derived in levels, suitable for time-series analysis and (i) extended to contexts where aggregate input data are unavailable (ii) sectoral externalities and productivity differentials are generalised in a two- and three-sector...

This paper considers the impact of 'food scares', predominately concerns relating to BSE, on UK beef prices at retail, wholesale and producer levels over the 1990s. Acknowledging the co-movement that exists between prices in the meat marketing chain, we use a co-integrating framework, the...

<heading id="h1" level="1" implicit="yes" format="display">summary</heading><title type="document">Market Power in UK Food Retailing</title>Deepening concentration in the food chain throughout Europe suggests antitrust authorities need to be ever vigilant to deter the use of market power. In this article, the authors highlight some of the problems that regulatory authorities face when...