Document Type

Article

Journal/Book Title/Conference

Economics Research Institute Study Paper

Volume

11

Publisher

Utah State University Department of Economics

Publication Date

2006

First Page

1

Last Page

38

Abstract

To analyze the market demand for fresh retail meats in the grocery store distribution channel, we build upon a well-developed micro economic model of consumer choice that incorporates the role information plays in individual decision-making (Swartz and Strand; Smith, van Ravenswaay and Thompson; Brown and Schrader; Wessells, Miller and Brooks; Piggott; Piggott and Marsh; Kalaitzandonakes, Marks and Vickner; Marks, Kalaitzandonakes and Vickner). Mathios (2000) in particular investigated the impact of labels on a processed food market using a random utility model. Teisl, Bockstael and Levy (2001) used the Foster and Just (1989) framework in conjunction with an Almost Ideal Demand System (Deaton and Muelbauer) to investigate the impact of labeling in a small sample of stores in New England. Both the Mathios and Teisl et al. studies were limited in terms of data quality; lack of a representative sample and low frequency time series diminished their findings.


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