The agriculture sector observed the penetration of parametric weather risk financial products, including weather index insurance and weather derivatives, between the late 1990s and the early 2000s. However, the adoption of such products remains low. While the reasons for low adoption are...

Throughout the COVID-19 pandemic, the Indonesian government has taken proactive measures to meet the needs of COVID-19 survivors by allocating substantial funds, primarily sourced from tax contributions, to support healthcare and social welfare. This study examines the drivers of willingness to...

This study proposes an approach using the Kuhn-Tucker model to determine the extent to which the number of visitors to a recreational site would decrease if a user fee were introduced. This approach is promising in terms of consistency with economic theory and computational feasibility, assuming...

This study evaluates the effects of traffic light (TL) nutritional label attributes on children's food choices. Data were collected from a survey of 1179 Ecuadorian students attending public middle and high school in three major cities in the country's southern region (Machala, Loja, and...

Consumption of the avocado fruit and its availability in the retail market has increased in recent decades and with it the desire to learn more about the market and consumer choices. This research aims to explore the consumers' preference heterogeneity toward avocado fruit in Italy assessing...

I provide an equilibrium analysis of "selection markets": where consumers not only vary in how much they are willing to pay, but also in how much they cost to the seller. The model provides a joint explanation for three empirical phenomena: low uptake of existing products, slow demand for new...