We examine inconsistencies in preference orderings using the Contingent valuation (CV) and the Inferred valuation (IV) methods. We find that in the context of a food market we do not observe strong inconsistencies. Weak inconsistencies are observed for the IV method, indicating that IV is...

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...

Factors affecting nutritional food label use in Greece are examined using primary data collected from personal interviews with consumers shopping at supermarkets in Athens. The econometric approach treats nutrition knowledge, where appropriate, as an endogenous variable when estimating the...

This analysis utilises a model of production under risk estimated on Finnish farm-level data to measure farmers' risk attitudes in a changing policy environment. We find evidence of heterogeneous risk preferences among farmers, as well as notable changes over time in farmers' degree of risk...