Jayson L. Lusk

TL;DR: This paper found that consumers were willing to pay a premium for packages that had no fruit juices on the bottom of the packages compared with tamper-proof, bowl, and squared packages.

TL;DR: The authors investigated whether cultural differences exist across a broader set of economic behaviors than previously tested, and identified a variety of cultural dimensions of economic relevance based on anthropological and sociological literatures.

TL;DR: This article examined selected empirical properties of duality relationships and showed that small amounts of measurement error in quantity variables can translate into large errors in uncompensated estimates calculated via restricted and unrestricted profit and production functions, emphasizing the need for high quality data when estimating empirical models in order to accurately determine dual relationships implied by economic theory.

TL;DR: The authors compare two error specifications (Luce vs Fechner), with and without accounting for contextual utility, for two different conceptual models (expected utility and rank-dependent expected utility) using in-and out-of-sample selection criteria.

TL;DR: This paper found that most consumers prefer thinner to thinner cuts and smaller surface areas are preferred to larger ones, and that increases in welfare due to larger carcasses, say from lower prices and more ground beef, must offset an $8.6 billion annual loss in consumer welfare resulting from changing steak size.