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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...
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All foods for sale in the US are now required to carry disclosure labels if they contain ingredients with genetically modified organisms (GMOs), but the longstanding and widespread market presence of voluntary non-GMO labels raises questions about their role. Past legislative and voter-initiated...
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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...
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Network neutrality mandates have been made out either as necessary to ensure a level playing field in online markets or, alternatively, as overly restrictive regulation preventing innovation and investment. However, there is little empirical research on the consequences of data throttling, which...
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