As microbrew beers have become more popular, the intrinsic characteristics of beer have become more important in consumer purchasing decisions. We identify sensory properties that influence consumers’ willingness to pay for beer using a contingent valuation model that includes subjective...

This study makes an empirical comparison of estimators for censored equations using Monte Carlo simulation. The underlying data generation process is rarely known in practice. From the viewpoint of regression, both ordinary censoring rule and sample selection rule are logical rules of censoring....

We investigate how to theoretically and empirically measure pre-committed quantities through price formation utilizing translating in the consumer distance function. The translated consumer distance function is defined as a dual to the translated utility, indirect utility, and expenditure...

We investigate the impacts of food safety on a weakly separable U.S. meat demand system (beef, pork, and poultry) using both the Generalized Almost Ideal Demand System (GAIDS) and the Rotterdam model. To measure food safety, indices are constructed based on the number of meat safety articles...

Consumer attitudes towards genetically modified foods (GMFs) play a crucial role in the development of the technology. Both government and food manufacturers of agricultural products in the US and China are optimistic about the potential market for these foods. This paper compares two national...

Drawing upon telephone survey data, a logit probability analysis was conducted to identify household characteristics as well as social and institutional factors associated with backyard composting of yard and food wastes. Highly significant predictors included household gardening, perception of...

Failure of integrability is shown to cause path-dependence of willingness-to-pay measures of welfare change. Using the linear expenditure system, effects of failure of integrability are negligible (substantial) for estimating income (price) elasticities. For single price changes, Hausman's...

Relatively few farmers regularly use tax-favored retirement accounts to diversify long-term farm assets with nonfarm savings. The Taxpayer Relief Act of 1997 creates new investment opportunities for both IRAs and regular capital assets. Complex tradeoffs exist among new tax incentives, possible...

We used a national hamburger preparation survey to estimate a simultaneous equation model of food safety knowledge, attitudes, and hamburger cooking behavior. The results suggest that food safety risk perceptions, palatability attributes, and food safety knowledge play important roles in...

The example of cotton-producing households in Burkina Faso is used to investigate (1) how price-shifting macroeconomic adjustment policies affect the balance of bargaining power between spouses in West African households and (2) how the balance of power itself mediates the impact of policies on...