Health is an important part of welfare and whenever an animal is diseased, welfare is poorer than when there is no disease. This point is often not recognised adequately by those studying animal welfare. Also, the full extent of the effects of clinically diagnosed disease on the welfare of the animal is seldom quantified. This quantification of the extent of poor welfare during disease is impor...

energy is considered as an important input for agricultural products. a decrease in energy subsidy and its demand reduces agricultural outputs and raises the production costs. changes in production and costs may significantly affect welfare of the agricultural producers. the main objective of this study was to analyze the impact of increased energy prices (reduction in the subsidy) on the agric...

We examine the welfare effects of price and disclosure regulation in a model where firms can shroud add-on costs, such as penalty fees for consumer financial products. Such regulation can increase or decrease welfare even when there are no direct costs. There are, however, strong complementarities between price controls and disclosure mandates: conditional on disclosure be­ ing mandated, price ...