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Jianyu Yu, Zohra Bouamra-Mechemache, and Angelo Zago
vol. 100, n. 1, January 2018, pp. 286–310
Collective labels are widespread in food markets, either separated or nested with private brands; the latter known as nested names. We propose a model to explain the rationale of nested names, with collective labels being effective in reaching unaware consumers while individual brands help firms to...
Jean-François Bonnefon, Wim De Neys, and Bastien Trémolière
Linden Ball, and Valérie Thompson (eds.), Psychology Press, 2017
K.J. Martijn Cremers, Saura Masconale, and Simone M. Sepe
vol. 96, n. 2, December 2017
James Dow, Itay Goldstein, and Alexander Guembel
vol. 15, n. 4, 2017, pp. 877–909
We analyze information production incentives for traders in financial markets, when firms condition investment decisions on information revealed through stock prices. We show that traders’ private value of information about a firm’s investment project increases with the ex ante likelihood the...
Daniel Bump, Persi Diaconis, Angela Hicks, Laurent Miclo, and Harold Widom
2017
Stephen F. Hamilton, and Vincent Réquillart
vol. 26, n. 12, December 2017, pp. 1637–1643
There has been surprisingly little research to date on the supply-side role of food manufacturers on equilibrium health outcomes for consumers. In this letter we consider an oligopoly model in which food processors choose the health composition of manufactured food. We show that price competition...
Simone M. Sepe
vol. 101, n. 4, 2017, pp. 1377–1455
vol. 94, n. 2, 2017
Daniel Herrera-Araujo, Bennett Shaywitz, John Holahan, Karen Marchione, Reissa Michaels, Sally Shaywitz, and James K. Hammitt
vol. 8, n. 1, 2017, pp. 24–48
While much is known about dyslexia in school-age children and adolescents, less is known about its effects on quality of life in adults. Using data from the Connecticut Longitudinal Study we provide the first estimates of the monetary value of improving reading, speaking, and cognitive skills to...
Paul Beaudry, Dana Galizia, and Franck Portier
vol. 31, 2017, pp. 479–530
In most modern macroeconomic models, the steady state (or balanced growth path) of the system is a local attractor, in the sense that, in the absence of shocks, the economy would converge to the steady state. In this paper, we examine whether the time series behavior of macroeconomic aggregates (...
