Changes in consumer preferences have created a need for developing differentiated and higher valued seafood products. Providing consumers with more information about seafood products at the time of purchase has been suggested as a way of differentiating seafood and promoting healthy fisheries. A discrete choice experiment conducted at high-end grocery...
This paper adopts the hedonic price model to study the impact of attributes on beer prices in the U.S. beer market. The price of beer is modeled as a function of beer characteristics. Our primary purpose is to investigate the attributes that lead to premium beer prices. Understanding factors that...
Potential policy decisions regarding fly fishing in the Yellowstone National Park Area
could severely impact the enjoyment possibilities of many of its users. In order to
determine the magnitude of the impact, this paper applies a form of the basic travel cost
model developed by Bell and Leeworthy [JEEM. 18,189-205...
This paper uses general equilibrium static and dynamic
models to examine the economic and environmental effect of
capital liberalization policy based on the general
equilibrium static and dynamic models. The first topic
develops a static general equilibrium model of a small open
economy in the presence of unemployment with three...
This dissertation addresses three topics on information economics. Generally, information is not perfect or costless as classical economics assumes. Thus, a consumer searches information at his cost or a seller provides information at his cost. First, chapter 2 presents a theoretical model where a consumer searches for local brand information....
Increased efficiency of household energy-using appliances effectively lowers the price of the services these devices provide. Basic consumer theory predicts that ceteris paribus, these lower prices will increase usage, thus making the effect on total energy demand ambiguous. In the literature, this phenomenon
has been called the rebound effect. In...
This dissertation addresses issues of strategic behavior of firms in oligopoly markets. In the first study we analyze how generic advertising affects brand advertising and firm profits in differentiated oligopoly markets. We develop two models, one with vertical differentiation and another with horizontal differentiation. In the case of vertical differentiation,...
This report frames the debate over studded tires in terms of economic principles of marginal cost pricing and efficient resource allocation. In the absence of a user tax, the pavement damage caused by studded tires results in inefficient pricing because social costs associated with the damage are excluded from the...
This dissertation addresses three topics on the implications of firm behaviors in creating and adopting knowledge of production, choosing international location for production and market access, and using informative advertising in a market competition with multidimensional product characteristics. The first study investigates the empirical evidence of local knowledge spillovers in...
This dissertation consists of two essays that address code-sharing alliances in the U.S. domestic airline industry.
The first essay examines the economic impact of code-sharing using data from the complementary code-sharing agreement between Southwest and ATA Airlines. This code-share agreement is found to decrease air fares and increase passenger volumes...