Recent marketing and psychological studies have shown that more choice does not always benefit consumers. This excessive-choice effect (ECE) is examined empirically using food items in four experiments. The first experiment investigates whether people would voluntarily reduce their choice-set...

Despite wide availability of publicly reported price and quantity movements of agricultural commodities, these data alone do not easily allow one to determine whether and to what extent changing market conditions are due to shifts in underlying supply and demand curves. Such information,...