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This article examines consumer choices of Carbonated Soft Drinks (CSDs) and their implications for obesity policy. Demand in relation to product and consumer heterogeneity is estimated via a random coefficients logit model (Berry <italic>et al</italic>., 1995) applied to quarterly scanner data for 26 brands in...
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This paper examines the potential benefits of introducing a new payment scheme in a sugarcane processing cooperative. Findings suggest that a use-value payment system would increase individual and total members’ net returns significantly over a sugar-based system. The proposed payment...
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This paper measures the degree of monopsony power exerted by Wal-Mart over retail workers using a dominant-firm model and data on contiguous U.S. counties where the company operates, presenting for the first time a measure of the anti-competitive behavior of the company. Empirical results show...
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This article systematically estimates the allocative efficiency losses in the U.S. food and tobacco manufacturing industries under alternative oligopoly pricing regimes using a formal model of oligopoly. Using 1987 data for 44 industries and an industry-wide oligopoly pricing scheme, these...
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