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Behavioral economists maintain that addictions such as alcoholism, smoking and over-eating represent examples of present-bias in decision making that is fundamentally irrational. In this article, we develop a model of present bias and apparently hyperbolic discounting that is fully consistent...
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The purpose of this paper will be to develop and present a new approach for examining the demand for meat by incorporating many of the advances in behavioral economics. By providing a closer approximation to how consumers actually behave, doing so should improve upon existing models....
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It is generally not optimal for consumers to become perfectly informed about all prices and all available products in a multi-product retail environment when search is costly. We examine the link between the cost of search and product variety o¤ered by multi-product retailers. Using a...
Persistent link: https://www.econbiz.de/10011124999
Concerns regarding the safety and integrity of the fresh produce supply chain are becoming all too common in the media. In 2006, an outbreak of E. coli O157:H7 from farms in Central California sickened almost two hundred people and lead to the deaths of three. Estimated costs to the industry...
Persistent link: https://www.econbiz.de/10005256625
In this paper, we describe individual food consumption decisions as driven by a utility effect and a food environment effect. To outline the utility effect, we first develop a new theoretical model of individual food consumption. Next, we introduce the food environment effect by showing how the...
Persistent link: https://www.econbiz.de/10009368307
Introduction: As folate deficiency is mainly caused by the dependency on folate-poor staple crops, such as rice, the implementation of rice with a high level of natural folate could be a successful pro-rural and pro-poor intervention strategy to reduce folate deficiencies in China, where about...
Persistent link: https://www.econbiz.de/10009368308
Discussions on climate change increasingly emphasize the contribution of agricultural activities to anthropogenic greenhouse gases emissions. In this paper, we investigate from a supply to demand side perspective the stress between food demand and climate change challenges up until 2030. We...
Persistent link: https://www.econbiz.de/10009368309