Individual food choices and consumption are closely relating to one's diet, nutrition, and health. Using the case of alcoholic beverages, this study extends the random-utility framework by incorporating genetic information into consumer demand models, and demonstrates the significant impact of...

With the implementation of the vehicle quota system (VQS), the average prices of new registered vehicles in Beijing and Shanghai both increased. Whether and why the policy would change consumers' price sensitivity remain unknown although important and interesting. This study focuses on two...

The (2+1)-dimensional Korteweg-de Vries-Sawada-Kotera-Ramani (KdVSKR) equation which consists of the KdV equation and the SK equation is studied. The soliton molecules of the KdVSKR are given by means of the velocity resonance mechanism. By selecting the values of the phases, the soliton...

Purpose – The purpose of this paper is to apply the Becker‐Murphy theory of rational addiction to the case of carbonated soft drinks. The research aims to reveal the rational addiction evidence of carbonated soft drinks and derive policy implications under this evidence. Consumers' rational...

Purpose The purpose of this paper is to quantify the impact of Wal-Mart Supercenters (WMSs) on supermarkets’ profit margins using fluid milk in the Dallas/Fort Worth metropolitan area in the USA as a case study. Design/methodology/approach The authors develop a two-stage dynamic entry game to...

This paper presents a politico-economic analysis of decision making about the US sugar programme. It analyz.es the linkages between the economic surpluses of market participants and the policy response via the level of target prices and import quotas. The legislative decisions of the sugar...