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Persistent link: https://www.econbiz.de/10011317839
This study aims to determine how feelings of nationalism or patriotism for one's own country and feelings of animosity for countries that are in political conflict affect consumers’ willingness to refrain from buying products from various origins. Four hundred forty-two shoppers participated...
Persistent link: https://www.econbiz.de/10013326440
Prospect theory has changed the way economists think about decision making under uncertainty – yet after so many years there have been few applications of the theory and those appearing mostly in finance. One of the barriers to applying the prospect theory is that it is not designed to be...
Persistent link: https://www.econbiz.de/10011220549
This article develops a framework for analyzing food consumption that relies on the models of Lancaster and Becker, and takes into account production within the household, preferences for various food attributes, and noneconomic family characteristics. Using a data set on purchases of a variety...
Persistent link: https://www.econbiz.de/10008569792
This paper combines the Becker family production model with a cooperative bargaining model to analyze power distribution within the family. Family consumption decisions are often made by one person, but for several people, suggesting traditional decision theory is inadequate. Using data gathered...
Persistent link: https://www.econbiz.de/10005468492
Consumer resistance is a key barrier to the diffusion of genetically modified foods (GMFs). Several studies have shown that consumers in general have a negative attitude toward GMFs. Through analysis of a survey conducted in Israel, we find consumer attitudes toward GMFs to be context specific,...
Persistent link: https://www.econbiz.de/10005339058