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In this research, we integrated an experimental auction with sensory science techniques—namely, trained sensory panels used to analyze the sensory attributes of wines—to examine the effects of objective and sensory information in the market for California-produced Cabernet Sauvignons. The...
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Selected Paper presented at the 57th annual conference of the Australian Agricultural and Resource Economics Society, Sydney, February 5-8, 2013.
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Many commentators have claimed that farm subsidies have contributed significantly to the ―obesity epidemic‖ by making fattening foods relatively cheap and abundant and, symmetrically, that taxing ―unhealthy‖ commodities or subsidizing ―healthy‖ commodities would contribute to...
Persistent link: https://www.econbiz.de/10011069677
Recent research on consumer behavior has indicated that, contrary to most models in economics, information can affect consumers' subjective experience with a good. When consumers receive information about the quality of a good before experiencing the sensory characteristics of the good, the...
Persistent link: https://www.econbiz.de/10005804668
Maternal nutrition during pregnancy can have significant implications for a child’s prenatal growth and development, and undernutrition experienced during the prenatal period increases the risk of early childhood morbidity and mortality and can permanently impair a child’s physical growth...
Persistent link: https://www.econbiz.de/10009021113
Rates of obesity among adults and children in the U.S. are soaring, with potentially huge private and social costs. Increasing attention is being paid to agricultural policies as both the culprits through their perceived roles in reducing the relative prices of energy-dense foods, and as the...
Persistent link: https://www.econbiz.de/10005525307
Food safety shocks can threaten the health of consumers, create havoc within an industry and result in severe losses to producers. Governments often attempt to enhance food safety by mandating standards and inspection of food products to supplement the voluntary efforts by private firms. This...
Persistent link: https://www.econbiz.de/10005484043
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