We comment on a recent important article by Akbay et al. and discuss some methodological and estimation issues arising from their paper. We then suggest alternative procedures that may help improve their estimates and thereby enhance their usefulness as a basis for food policy and marketing...

We reply to the Comment by Drichoutis et al. regarding some methodological and estimation issues arising from our paper. In particular, we compare the elasticities reported in the original paper with those obtained using estimation procedures suggested by Drichoutis et al. We find that the...