The typical analysis on the effectiveness of soda taxes relies on price elasticity estimates from static demand models, which ignores consumers inventory behaviors and their persistent tastes. This article provides estimates of the relevant price elasticities based on a dynamic demand model that...

We apply a dynamic estimation procedure to investigate the effect of obesity on the demand for soda. The dynamic model accounts for consumers’ storing behavior, and allows us to study soda consumers’ price sensitivity (how responsive consumers are to the overall price) and sale sensitivity...

Advances in technology have made extraction of natural gas from deep shale formations economically viable. While unconventional shale gas development is seen as an economic benefit, concerns have been raised about the environmental and health risks associated with the extraction process. We...

Diet is important in determining health outcomes. Thus, it is important to understand the factors influencing dietary choice. Budget constraints are a common explanation for the poor dietary choices made by households in the U.S. We test this hypothesis by exploiting shocks to household budgets...

Measuring food waste at the individual household level has been nearly impossible because comprehensive, current data on uneaten food do not exist. By using food acquisition data, this article employs a new approach to estimating household-level food waste via a stochastic production frontier...