منابع مشابه
WIC Contract Spillover Effects
Under the U.S. Special Nutrition Program for Women, Infants, and Children (WIC) program, the three major infant formula manufacturers compete for WIC supply contracts, state by state. Policy makers have been puzzled by why the contracted WIC price is extremely low compared to the non-WIC price. Our explanation is that winning the WIC contract is extremely valuable to a manufacturer because of a...
متن کاملFood Marketing Policy Center WIC Contract Spillover Effects
The three major infant formula manufacturers bid state by state to be the exclusive provider to poor families under the Women, Infants, and Children (WIC) program, and all three compete for non-WIC customers at grocery stores. Previous studies explained the low WIC prices and the higher retail prices as the result of price discrimination. We propose an alternative spillover model. Grocery store...
متن کاملInformative Advertising with Spillover Effects∗
This paper studies the effects of advertising in a Bertrand duopoly model with informative advertising, which is an extension of Grossman and Shapiro (1984). It introduces spillover advertising effects on top of the direct advertising effects. Also, the model involves R&D activities, which make the model dynamical. It is shown that the spillover effects would make the environment more monopolis...
متن کاملDoes WIC work? The effects of WIC on pregnancy and birth outcomes.
Support for WIC, the Special Supplemental Nutrition Program for Women, Infants, and Children, is based on the belief that "WIC works." This consensus has lately been questioned by researchers who point out that most WIC research fails to properly control for selection into the program. This paper evaluates the selection problem using rich data from the national Pregnancy Risk Assessment Monitor...
متن کاملResearch on Spillover Effects in Financial Risk
The research on spillover effect in financial markets is frontier theory and technology. The global financial crisis of 2007-2009 affects the stock markets deeply. But, the economic consequences are different among some cross-markets. As an emerging high-speed growth securities market established in 1990, the Chinese securities market has developed significantly. Again in the current internatio...
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ژورنال
عنوان ژورنال: Review of Industrial Organization
سال: 2013
ISSN: 0889-938X,1573-7160
DOI: 10.1007/s11151-013-9397-5