Static-demand systems used in empirical studies are based on the assumption that consumers immediately and fully adjust to a new equilibrium when either incomes or prices …
A recently developed demand system, nicknamed AIDADS (An Implicit, Directly Additive Demand System), offers an approach to capturing consumer preferences across a wide …
M Mazzocchi, G Stefani… - Journal of agricultural …, 2004 - Wiley Online Library
The paper develops a measure of consumer welfare losses associated with withholding information about a possible link between BSE and vCJD. The Cost of Ignorance (COI) is …
M Mazzocchi, DD Monache, AE Lobb - Applied Economics, 2006 - Taylor & Francis
This paper exploits a structural time series approach to model the time pattern of multiple and resurgent food scares and their direct and cross-product impacts on consumer …
JP Chavas*, K Kim - Applied Economics, 2005 - Taylor & Francis
This study investigates the implications of hedonic pricing for price dynamics of differentiated commodities. A conceptual model of hedonic pricing is developed under a Leontief …
In his chapter of the 1986 Handbook of Econometrics, Angus Deaton provides what he terms a 'narrow'definition of demand analysis:'demand (refers) largely to the study of commodity …
For over a century, economists have been examining the intricate relationship between consumption of commodities, consumer income, and market prices of commodities and …
Tourism demand analysis has received considerable attention from both academics and practitioners. Accurate tourism demand modelling and forecasting can help tourism …
Consumer concerns regarding food safety can have substantial impacts on their consumption patterns. Thus, understanding consumer response to food safety information is …