Consumer welfare and the loss induced by withheld information: the case of BSE in Italy /доклад на 10 конгрессе ЕААЕ, Exploring Diversity in the European Agri-Food System, Zaragoza, Spain, 28-31 August 2002
Опубликовано на портале: 30-11-2003
The paper develops a measure of consumer welfare losses associated with withheld information about BSE linkage with vCJD. food safety. The Cost of Ignorance (COI) is measured by comparing the utility of the informed choice with the utility of the uninformed one, under condition of improved information. Unlike previous work, based on a single equation demand model, the measure is obtained retrieving a cost function from a dynamic Almost Ideal Demand System. The results indicate that Italian consumers bore a significant loss because of the delayed release of information.
ACCESS TO INFORMATION AND FACTOR MARKET PARTICIPATION: ADJUSTMENTS OF LAND AND LABOUR MARGINS OF AGRICULTURAL HOUSEHOLDS IN BANGLADESH / доклад на 25 конференции IAAE, Reshaping Agriculture’s Contribution to Society, International Convention Centre, Durban, South Africa, 16-23 August 2003
Journal of Monetary Economics. 2006. Vol. 53. No. 3. P. 473-506.
NBER Working Paper Series. 2001. No. 8286.