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| Registros recuperados: 33 | |
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| Auriol, Emmanuelle; Schilizzi, Steven. |
| This paper analyzes the problem raised by quality provision in globalizing economies. When quality is a credence attribute, there is a signaling problem and quality drops to its minimum level. A way out of this under-provision equilibrium consists to rely on certification. However certification of goods involves costs, most of which are fixed, because to credibly signal quality, the certification process has to be carry out by an independent authority above all suspicion. The certification costs, which might justify a centralized intervention, become a major force in deciding market structure. Then in a given population the rate of certification depends on the consumers' wealth and size. If the population is too poor the market for certification collapses... |
| Tipo: Presentation |
Palavras-chave: Agricultural and Food Policy; Crop Production/Industries; D11; D21; L11; L15.. |
| Ano: 2000 |
URL: http://purl.umn.edu/123598 |
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| Brennan, Timothy J.. |
| Residential consumers remain reluctant to choose new electricity suppliers. Even the most successful jurisdictions, four U.S. states and other countries, have had to adopt extensive consumer education procedures that serve largely to confirm that choosing electricity suppliers is daunting. Electricity is not unique in this respect; numerous studies find that consumers are generally reluctant to switch brands, even when they are well-informed about product characteristics. If consumers prefer not to choose, opening regulated markets can reduce welfare, even for some consumers who do switch, as the incumbent can exploit this preference by raising price above the formerly regulated level. Policies to open markets might be successful even if limited to... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Electricity markets; Deregulation; Consumer choice; Residential markets; Consumer/Household Economics; L94; L51; D11; B40. |
| Ano: 2005 |
URL: http://purl.umn.edu/10573 |
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| Fischer, Carolyn. |
| Economic models of trade in endangered species products often do not incorporate four focal arguments in the policy debate over trade bans: 1) law-abiding consumers may operate in another market, separate from illegal consumers, that trade would bring online; 2) legal trade reduces stigma, which affects demand of law-abiding consumers; 3) laundering may bring illegal goods to legal markets when trade is allowed; 4) legal sales may affect illegal supply costs. This paper analyzes systematically which aspects of these complicated markets, separately or in combination, are important for determining whether limited legalized trade in otherwise illegal goods can be helpful for achieving policy goals like reducing poaching. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Endangered species; Black markets; CITES; Poaching; Stigma; Environmental Economics and Policy; K42; Q21; D11. |
| Ano: 2002 |
URL: http://purl.umn.edu/10525 |
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| Dharmasena, Senarath; Capps, Oral, Jr.. |
| Data from U.S. households for calendar year 2008 were used in examining demographic and economic factors affecting demand for chocolate milk using Heckman two-step procedure. Price, income, age, education, region, race, Hispanic status, and presence of children were significant drivers of consumption of chocolate milk. Sample selection bias was statistically significant. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Chocolate milk; Nielsen HomeScan data; Heckman two-step; Consumer/Household Economics; Demand and Price Analysis; D11; D12. |
| Ano: 2011 |
URL: http://purl.umn.edu/98742 |
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| Moschini, GianCarlo. |
| The notion of indirect separability is exploited to derive a new multistage demand system. The model allows a consistent parameterization of demand relations at various budgeting stages and it fulfills the requirement of flexibility while satisfying separability globally. Two propositions are derived to characterize flexible and separable functional forms, which lead to the specification of a flexible and separable translog (FAST) demand system. The model is particularly attractive for modeling large complete demand systems, and is illustrated with an application to Canadian food demand. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Research Methods/ Statistical Methods; D11; D12; C51. |
| Ano: 2000 |
URL: http://purl.umn.edu/18514 |
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| Stark, Oded; Hyll, Walter; Wang, Yong. |
| This paper considers a setting in which the acquisition of human capital entails a change of location in social space that causes individuals to revise their comparison groups. Skill levels are viewed as occupational groups, and moving up the skill ladder by acquiring additional human capital, which in itself is rewarding, leads to a shift in the individual’s inclination to compare himself with a different, and on average better-paid, comparison group, which in itself is penalizing. The paper sheds new light on the dynamics of human capital formation, and suggests novel policy interventions to encourage human capital formation in the aggregate and, at the same time, reduce inter-group income inequality. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Human capital formation; Skill levels as occupational groups; Interpersonal comparisons; Relative deprivation; Tax policy; Subsidization; Labor and Human Capital; D11; H24; H30; J24. |
| Ano: 2011 |
URL: http://purl.umn.edu/99415 |
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| Registros recuperados: 33 | |
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