Timothy J. Richards

Arizona State University W. P. Carey School of Business

Morrison Chair of Agribusiness

7231 E. Sonoran Arroyo Mall

Mesa, AZ 85212

United States

http://www.east.asu.edu/msabr/faculty/richards.htm

  • Arizona State University W. P. Carey School of Business

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SCHOLARLY PAPERS

42

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14

Scholarly Papers (42)

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1.

Price Fairness and Strategic Obfuscation

Forthcoming, Marketing Science
Number of pages: 44 Posted: 25 Aug 2016 Last Revised: 15 May 2020
William Allender, Jura Liaukonyte, Sherif Nasser and Timothy J. Richards
McMaster University - Michael G. DeGroote School of Business, Cornell University, Cornell University and Arizona State University W. P. Carey School of Business
Downloads 353 (117,058)
Citation 3

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personalized pricing, fairness, inequity aversion, price discrimination, retail pricing

2.

Scan Based Trading and Bargaining Equilibrium: A Structural Estimation of Supply Chain Profit

Manufacturing and Service Operations Management, Forthcoming
Number of pages: 47 Posted: 25 Oct 2019 Last Revised: 21 Jan 2022
Stanley Frederick W.T. Lim, Timothy J. Richards, Elliot Rabinovich and Min Choi
Michigan State University – The Eli Broad College of Business, Arizona State University W. P. Carey School of Business, Arizona State University - W.P. Carey School of Business and California State University, Fullerton - Mihaylo College of Business & Economics
Downloads 127 (300,487)

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Scan Based Trading, Nash-in-Nash Equilibrium, Bargaining Power, Vertical Relationships, Retailing, Bakery Goods

3.

Farm Labor Productivity and the Effect of Mechanization

Number of pages: 42 Posted: 15 Dec 2020
Stephen F. Hamilton, Timothy J. Richards, Aric Shafran and Kathryn N. Vasilaky
California State Polytechnic University, San Luis Obispo, Arizona State University W. P. Carey School of Business, California State Polytechnic University, San Luis Obispo - Economics and California Polytechnic State U
Downloads 90 (379,080)
Citation 1

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farmworkers, labor shortage, mechanization, peer effects, productivity

4.

Food Banks and Retail Markups

Number of pages: 40 Posted: 15 Dec 2020
John Lowrey, Timothy J. Richards and Stephen F. Hamilton
Ohio State University (OSU), Fisher College of Business, Arizona State University W. P. Carey School of Business and California State Polytechnic University, San Luis Obispo
Downloads 85 (392,468)
Citation 1

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Food banks, food retailing, markups, price discrimination, production economics

5.

Switching Costs and Store Choice

Number of pages: 58 Posted: 05 Nov 2019
Timothy J. Richards and Jura Liaukonyte
Arizona State University W. P. Carey School of Business and Cornell University
Downloads 81 (403,673)
Citation 1

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retail prices, food retailing, shopping-basket model, switching costs

6.

Demand for Variety and Product Uncertainty: A Structural Model of Consideration Set Formation

Number of pages: 41 Posted: 22 Apr 2015 Last Revised: 09 Jun 2015
William Allender and Timothy J. Richards
McMaster University - Michael G. DeGroote School of Business and Arizona State University W. P. Carey School of Business
Downloads 81 (403,673)
Citation 2

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Information Uncertainty, Consumer Search, Multiple Discrete/Continuous Demand, Discrete Choice Model

7.

Food Bank Donations and Retail Pricing

Number of pages: 42 Posted: 15 Dec 2020
John Lowrey, Timothy J. Richards and Stephen F. Hamilton
Ohio State University (OSU), Fisher College of Business, Arizona State University W. P. Carey School of Business and California State Polytechnic University, San Luis Obispo
Downloads 70 (437,820)

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Closed-loop supply chains, food banks, food retailing, food waste, price discrimination, secondary markets

8.

Retail Markups and Discount-Store Entry

The SC Johnson College of Business Applied Economics and Policy Working Paper Series
Number of pages: 48 Posted: 24 May 2021
Lauren Chenarides, Miguel Ignacio Gomez, Timothy J. Richards and Koichi Yonezawa
Arizona State University, Cornell University - Food Industry Management Program, Arizona State University W. P. Carey School of Business and Cornell University - Dyson School of Applied Economics and Management
Downloads 59 (477,179)

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Discounters, food retailing, markups, retail pricing, production economics

9.

The Robinson–Patman Act and Vertical Relationships

Downloads 53 (500,930)
Citation 1

The Robinson–Patman Act and Vertical Relationships

American Journal of Agricultural Economics, Vol. 102, Issue 1, pp. 329-352, 2020
Number of pages: 50 Posted: 18 Sep 2019 Last Revised: 07 Dec 2020
Koichi Yonezawa, Miguel Ignacio Gomez and Timothy J. Richards
Cornell University - Dyson School of Applied Economics and Management, Cornell University - Food Industry Management Program and Arizona State University W. P. Carey School of Business
Downloads 51 (518,217)

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bargaining power, Nash-in-Nash equilibrium, retailing, The Robinson-Patman Act, vertical relationships

The Robinson–Patman Act and Vertical Relationships

American Journal of Agricultural Economics, Vol. 102, Issue 1, pp. 329-352, 2020
Number of pages: 24 Posted: 24 Mar 2020
Koichi Yonezawa, Miguel I. Gómez and Timothy J. Richards
Cornell University - Dyson School of Applied Economics and Management, Independent and Arizona State University W. P. Carey School of Business
Downloads 2 (881,389)
Citation 1

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Bargaining power, Nash‐in‐Nash, retailing, the Robinson–Patman act, vertical relationships

10.

COVID-19 Impact on Fruit and Vegetable Markets: One Year Later

The SC Johnson College of Business Applied Economics and Policy Working Paper Series No. AEP WP No. 2021-04
Number of pages: 27 Posted: 01 Oct 2021
Bradley Rickard, Timothy J. Richards and Lauren Chenarides
Cornell University - Dyson School of Applied Economics and Management, Arizona State University W. P. Carey School of Business and Arizona State University
Downloads 29 (622,236)

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COVID-19, fruit and vegetables, supply chains, international trade

11.

Strategic Obfuscation and Retail Pricing

Number of pages: 48 Posted: 25 Oct 2019
Timothy J. Richards, Gordon J. Klein, Céline Bonnet and Zohra Bouamra-Mechemache
Arizona State University W. P. Carey School of Business, Heinrich Heine University Dusseldorf - Duesseldorf Institute for Competition Economics (DICE), University of Toulouse 1 and University of Toulouse Capitole
Downloads 22 (670,431)
Citation 1

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product differentiation, price discrimination, retail pricing, strategic obfuscation

12.

Obesity and Nutrient Consumption: A Rational Addiction?

Contemporary Economic Policy, Vol. 25, No. 3, pp. 309-324, July 2007
Number of pages: 16 Posted: 21 Jun 2007
Timothy J. Richards, Paul M. Patterson and Abebayehu Tegene
Arizona State University W. P. Carey School of Business, Arizona State University (ASU) - Morrison School of Agribusiness and Resource Management and U.S. Department of Agriculture (USDA) - Economic Research Service (ERS)
Downloads 15 (724,265)

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13.

Agricultural Labor and Bargaining Power

Number of pages: 49 Posted: 14 May 2022
Timothy J. Richards and Zachariah Rutledge
Arizona State University W. P. Carey School of Business and Morrison School of Agribusiness, Arizona State University
Downloads 4 (823,298)

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bargaining power, farm labor, search-and-matching

14.

Immigration Reform and Farm Labor Markets

American Journal of Agricultural Economics, Vol. 100, Issue 4, pp. 1050-1071, 2018
Number of pages: 22 Posted: 21 Apr 2020
Timothy J. Richards
Arizona State University W. P. Carey School of Business
Downloads 2 (844,946)
Citation 2

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Equilibrium models, farm labor markets, shortages, unemployment, wage distributions

15.

Attribute Search in Online Retailing

American Journal of Agricultural Economics, Vol. 99, Issue 1, pp. 1-18, 2017
Number of pages: 18 Posted: 16 Apr 2020
Timothy J. Richards, Stephen F. Hamilton and Janine Empen
Arizona State University W. P. Carey School of Business, California State Polytechnic University, San Luis Obispo and University of Kiel
Downloads 2 (844,946)

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Consumer search, variety, retail prices, attribute search, market power

16.

Retail Intermediation and Local Foods

American Journal of Agricultural Economics, Vol. 99, Issue 3, pp. 637-659, 2017
Number of pages: 23 Posted: 16 Apr 2020
Timothy J. Richards, Stephen F. Hamilton, Elliot Rabinovich and Miguel Ignacio Gomez
Arizona State University W. P. Carey School of Business, California State Polytechnic University, San Luis Obispo, Arizona State University - W.P. Carey School of Business and Cornell University - Food Industry Management Program
Downloads 1 (858,496)
Citation 1

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Local food, retail prices, food retailing, shopping‐basket model

17.

Pass‐Through and Consumer Search: An Empirical Analysis

American Journal of Agricultural Economics, Vol. 96, Issue 4, pp. 1049-1069, 2014
Number of pages: 21 Posted: 15 Apr 2020
Timothy J. Richards, Miguel I. Gómez and Jun Lee
Arizona State University W. P. Carey School of Business, Independent and Korea Institute for Industrial Economics and Trade
Downloads 1 (858,496)
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18.

Social Networks and New Product Choice

American Journal of Agricultural Economics, Vol. 96, Issue 2, pp. 489-516, 2014
Number of pages: 28 Posted: 15 Apr 2020
Timothy J. Richards, Stephen F. Hamilton and William Allender
Arizona State University W. P. Carey School of Business, California State Polytechnic University, San Luis Obispo and McMaster University - Michael G. DeGroote School of Business
Downloads 1 (858,496)

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Choice-based conjoint, experimental economics, new product introduction, social network analysis, spatial econometrics

19.

Rivalry in Price and Location by Differentiated Product Manufacturers

American Journal of Agricultural Economics, Vol. 95, Issue 3, pp. 650-668, 2013
Number of pages: 19 Posted: 15 Apr 2020
Timothy J. Richards, William J. Allender and Stephen F. Hamilton
Arizona State University W. P. Carey School of Business, Arizona State University (ASU) - Morrison School of Agribusiness and Resource Management and California State Polytechnic University, San Luis Obispo
Downloads 1 (858,496)
Citation 2

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differentiated products, discrete choice, distance metric, pricing, product design, yogurt

20.

Income Targeting and Farm Labor Supply

American Journal of Agricultural Economics, Vol. 102, Issue 2, pp. 419-438, 2020
Number of pages: 20 Posted: 24 Mar 2020
Timothy J. Richards
Arizona State University W. P. Carey School of Business
Downloads 1 (858,496)
Citation 2

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Farmworkers, income‐targeting, labor supply, minimum‐wage policy, reference‐dependent preferences

21.

Price Behavior in a Dynamic Oligopsony: Washington Processing Potatoes

American Journal of Agricultural Economics, Vol. 83, Issue 2, pp. 259-271, 2001
Number of pages: 13 Posted: 24 Mar 2020
Timothy J. Richards, Paul M. Patterson and Ram N. Acharya
Arizona State University W. P. Carey School of Business, Arizona State University (ASU) - Morrison School of Agribusiness and Resource Management and Arizona State University (ASU)
Downloads 1 (858,496)
Citation 2

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collusion, dynamic game, mixture estimation, oligopsony, potatoes, trigger strategy, L110, L130, Q110

22.

How Does Advertising Affect Market Performance? A Note on Generic Advertising

Economic Inquiry, Vol. 51, Issue 2, pp. 1183-1195, 2013
Number of pages: 13 Posted: 27 Feb 2013
Stephen F. Hamilton, Timothy J. Richards and Kyle W. Stiegert
California State Polytechnic University, San Luis Obispo, Arizona State University W. P. Carey School of Business and University of Wisconsin - Madison - Department of Agricultural & Applied Economics
Downloads 1 (858,496)

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23.

Media Advertising and Ballot Initiatives: The Case of Animal Welfare Regulation

Contemporary Economic Policy, Vol. 31, Issue 1, pp. 145-162, 2013
Number of pages: 18 Posted: 19 Jan 2013
Timothy J. Richards, William Allender and Di Fang
Arizona State University W. P. Carey School of Business, affiliation not provided to SSRN and affiliation not provided to SSRN
Downloads 1 (858,496)

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24.

Promotion and Fast Food Demand

Downloads 1 (858,496)

Promotion and Fast Food Demand

American Journal of Agricultural Economics, Vol. 91, Issue 1, pp. 168-183, 2009
Number of pages: 16 Posted: 28 Apr 2020
Timothy J. Richards and Luis Padilla
Arizona State University W. P. Carey School of Business and Arizona State University (ASU)
Downloads 1 (896,974)

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consumer demand, discrete/continuous choice, fast food, pricing strategy, promotion, spatial modeling

Promotion and Fast Food Demand

American Journal of Agricultural Economics, Vol. 91, No. 1, pp. 168-183, February 2009
Posted: 17 Jan 2009
Timothy J. Richards and Luis Padilla
Arizona State University W. P. Carey School of Business and Arizona State University (ASU)

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25.

Rivalry in Price and Variety Among Supermarket Retailers

Downloads 1 (858,496)

Rivalry in Price and Variety Among Supermarket Retailers

American Journal of Agricultural Economics, Vol. 88, Issue 3, pp. 710-726, 2006
Number of pages: 17 Posted: 22 Apr 2020
Timothy J. Richards and Stephen F. Hamilton
Arizona State University W. P. Carey School of Business and California State Polytechnic University, San Luis Obispo
Downloads 1 (896,974)
Citation 3

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game theory, nested CES, price competition, retailing, variety

Rivalry in Price and Variety Among Supermarket Retailers

American Journal of Agricultural Economics, Vol. 88, No. 3, pp. 710-726, August 2006
Posted: 20 Jul 2006
Timothy J. Richards and Stephen F. Hamilton
Arizona State University W. P. Carey School of Business and California State Polytechnic University, San Luis Obispo

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26.

Pricing Weather Derivatives

Downloads 1 (858,496)
Citation 3

Pricing Weather Derivatives

American Journal of Agricultural Economics, Vol. 86, Issue 4, pp. 1005-1017, 2004
Number of pages: 13 Posted: 21 Apr 2020
Timothy J. Richards, Mark R. Manfredo and Dwight R. Sanders
Arizona State University W. P. Carey School of Business, affiliation not provided to SSRN and Southern Illinois University - Agribusiness Economics
Downloads 1 (896,974)
Citation 3

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derivative, jump‐diffusion process, mean reversion, volatility, weather

Pricing Weather Derivatives

Posted: 08 Oct 2004
Timothy J. Richards, Mark R. Manfredo and Dwight R. Sanders
Arizona State University W. P. Carey School of Business, Arizona State University - Morrison School of Agribusiness and Resource Management and Southern Illinois University - Agribusiness Economics

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27.

Pricing Strategies of Food Retailers

Annual Review of Resource Economics, Vol. 12, Issue 1, pp. 87-110, 2020
Posted: 26 Oct 2020
Stephen F. Hamilton, Jura Liaukonyte and Timothy J. Richards
California State Polytechnic University, San Luis Obispo, Cornell University and Arizona State University W. P. Carey School of Business

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28.

Native American Obesity: An Economic Model of the “Thrifty Gene” Theory

American Journal of Agricultural Economics, Vol. 88, Issue 3, pp. 542-560, 2006
Number of pages: 19 Posted: 22 Apr 2020
Timothy J. Richards and Paul M. Patterson
Arizona State University W. P. Carey School of Business and Arizona State University (ASU) - Morrison School of Agribusiness and Resource Management
Downloads 0 (876,428)

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addiction, diabetes, dynamic, household production, Native Americans, obesity

29.

Food Policy and Household Food Waste

American Journal of Agricultural Economics, Vol. 101, Issue 2, pp. 600-614, 2019
Number of pages: 15 Posted: 21 Apr 2020
Stephen F. Hamilton and Timothy J. Richards
California State Polytechnic University, San Luis Obispo and Arizona State University W. P. Carey School of Business
Downloads 0 (876,428)
Citation 2

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Food waste, household behavior

30.

American Journal of Agricultural Economics Volume 100: A Century of Publishing the Frontiers of the Profession

American Journal of Agricultural Economics, Vol. 100, Issue 5, pp. 1253-1274, 2018
Number of pages: 22 Posted: 21 Apr 2020
Travis J. Lybbert, Timothy K.M. Beatty, Terrance M. Hurley and Timothy J. Richards
University of California, Davis - Department of Agricultural and Resource Economics, University of York, University of Minnesota - College of Agricultural, Food and Environmental Sciences - Department of Applied Economics and Arizona State University W. P. Carey School of Business
Downloads 0 (876,428)

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Applied economics, editorial structure, bibliometric analysis, collaboration networks, professional communication

31.

Hysteresis, Price Acceptance, and Reference Prices

American Journal of Agricultural Economics, Vol. 98, Issue 3, pp. 679-706, 2016
Number of pages: 28 Posted: 15 Apr 2020
Timothy J. Richards, Miguel I. Gómez and Iryna Printezis
Arizona State University W. P. Carey School of Business, Independent and affiliation not provided to SSRN
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Consumer search, hysteresis, reference prices, real options, retail prices, thresholds

32.

Foreclosures and Invasive Insect Spread: The Case of Asian Citrus Psyllid

American Journal of Agricultural Economics, Vol. 96, Issue 3, pp. 615-630, 2014
Number of pages: 16 Posted: 15 Apr 2020
Timothy J. Richards, David W. Shanafelt and Eli P. Fenichel
Arizona State University W. P. Carey School of Business, affiliation not provided to SSRN and Yale University - School of Forestry and Environmental Studies
Downloads 0 (876,428)

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Asian Citrus Psyllid, citrus greening disease, foreclosure, gravity model, invasive species, property rights, reaction-diffusion model

33.

Consumer Response to Commodity‐Specific and Broad‐Based Promotion Programs for Fruits and Vegetables

American Journal of Agricultural Economics, Vol. 93, Issue 5, pp. 1312-1327, 2011
Number of pages: 16 Posted: 08 Apr 2020
Bradley J. Rickard, Jura Liaukonyte, Harry M. Kaiser and Timothy J. Richards
California Polytechnic State University, Cornell University, Cornell University - School of Applied Economics and Management and Arizona State University W. P. Carey School of Business
Downloads 0 (876,428)
Citation 1

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advertising, experimental economics, fruits and vegetables, willingness to pay

34.

Dynamic Model of Fresh Fruit Promotion: A Household Production Approach

American Journal of Agricultural Economics, Vol. 81, Issue 1, pp. 195-211, 1999
Number of pages: 17 Posted: 31 Mar 2020
Timothy J. Richards
Arizona State University W. P. Carey School of Business
Downloads 0 (876,428)
Citation 2

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advertising, apples, cost‐of‐adjustment, dynamic‐dual, household‐production, promotion, M370, Q120, Q130

35.

A Two‐Stage Analysis of the Effectiveness of Promotion Programs for U.S. Apples

American Journal of Agricultural Economics, Vol. 79, Issue 3, pp. 825-837, 1997
Number of pages: 13 Posted: 31 Mar 2020
Timothy J. Richards, Pieter. Van Ispelen and Albert Kagan
Arizona State University W. P. Carey School of Business, affiliation not provided to SSRN and affiliation not provided to SSRN
Downloads 0 (876,428)
Citation 1

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apples, export promotion, import demand systems, Singapore, two‐stage budgeting, United Kingdom, Q130, Q170, Q180

36.

The Effect of Supply Management on Herd Size in Alberta Dairy

American Journal of Agricultural Economics, Vol. 79, Issue 2, pp. 555-565, 1997
Number of pages: 11 Posted: 31 Mar 2020
Timothy J. Richards
Arizona State University W. P. Carey School of Business
Downloads 0 (876,428)
Citation 1

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Alberta, dairy, dynamic duality, investment, supply management, Q110

37.

Hysteresis and the Shortage of Agricultural Labor

American Journal of Agricultural Economics, Vol. 80, Issue 4, pp. 683-695, 1998
Number of pages: 13 Posted: 27 Mar 2020
Timothy J. Richards and Paul M. Patterson
Arizona State University W. P. Carey School of Business and Arizona State University (ASU) - Morrison School of Agribusiness and Resource Management
Downloads 0 (876,428)
Citation 1

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arbitrage, farm labor, hysteresis, option theory, Washington state, J430, Q120

38.

Consumer Risk-reduction Behavior and New Product Purchases

Managerial and Decision Economics, Vol. 38, Issue 7, pp. 1003-1016, 2017
Posted: 18 Jan 2017 Last Revised: 07 Dec 2020
Koichi Yonezawa and Timothy J. Richards
Cornell University - Dyson School of Applied Economics and Management and Arizona State University W. P. Carey School of Business

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differentiated products, expected utility, multiple discrete, new products, risk

39.

Valuation of New Products in Attribute Space

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Valuation of New Products in Attribute Space

American Journal of Agricultural Economics, Vol. 91, Issue 2, pp. 402-415, 2009
Number of pages: 14 Posted: 28 Apr 2020
Geoffrey M. Pofahl and Timothy J. Richards
Arizona State University (ASU) and Arizona State University W. P. Carey School of Business
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compensating variation, demand systems, distance metric, fruit juice, new products, product differentiation, retailing

Valuation of New Products in Attribute Space

American Journal of Agricultural Economics, Vol. 91, No. 2, pp. 402-415, May 2009
Posted: 27 Apr 2009
Geoffrey M. Pofahl and Timothy J. Richards
Arizona State University (ASU) and Arizona State University W. P. Carey School of Business

Abstract:

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40.

Native American Obesity: An Economic Model of the Thrifty Gene Theory

American Journal of Agricultural Economics, Vol. 88, No. 3, pp. 542-560, August 2006
Posted: 20 Jul 2006
Timothy J. Richards and Paul M. Patterson
Arizona State University W. P. Carey School of Business and Arizona State University (ASU) - Morrison School of Agribusiness and Resource Management

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41.

Retail Price Fixity as a Facilitating Mechanism

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Retail Price Fixity as a Facilitating Mechanism

American Journal of Agricultural Economics, Vol. 87, Issue 1, pp. 85-102, 2005
Number of pages: 18 Posted: 21 Apr 2020
Timothy J. Richards and Paul M. Patterson
Arizona State University W. P. Carey School of Business and Arizona State University (ASU) - Morrison School of Agribusiness and Resource Management
Downloads 0
Citation 1

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collusion, ordered probit, price fixity, repeated game, supermarkets, trigger strategy

Retail Price Fixity as a Facilitating Mechanism

American Journal of Agricultural Economics, Vol. 87, No. 1, pp. 85-102, February 2005
Posted: 13 Dec 2005
Timothy J. Richards and Paul M. Patterson
Arizona State University W. P. Carey School of Business and Arizona State University (ASU) - Morrison School of Agribusiness and Resource Management

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42.

Produce Marketing and Retail Buying Practices

Posted: 11 Sep 2000
Timothy J. Richards and Paul M. Patterson
Arizona State University W. P. Carey School of Business and Arizona State University (ASU) - Morrison School of Agribusiness and Resource Management

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