Eliciting risk and time preferences under induced mood states

We test whether induced mood states have an effect on elicited risk and time preferences. Risk preferences between subjects in the control, positive mood, and negative mood treatments are neither economically nor statistically significant. However, we find that subjects induced into a positive mood exhibit higher discount rates and that subjects under negative mood do not differ significantly with a control group. Results also suggest that irrespective of mood state, introducing a cognitively demanding task before risk preference elicitation increases risk aversion and females are less risk averse when in all-female sessions than when in mixed-gender sessions

EFFECTS OF SOCIOECONOMIC AND DEMOGRAPHIC FACTORS ON CONSUMPTION OF SELECTED FOOD NUTRIENTS

The effects of socioeconomic and demographic factors on the consumption of food energy, protein, vitamin A, vitamin C, thiamin, riboflavin, niacin, calcium, phosphorus, and iron are examined. Socioeconomic and demographic factors analyzed are urbanization, region, race, ethnicity, sex, employment status, food stamp participation, household size, weight, height, age, and income. Several of these factors significantly affect consumption of certain nutrients. Income is an important factor affecting the consumption of vitamin A, vitamin C, and calcium. Income elasticities are relatively small at low income levels. For example, income elasticities range from 0.016 for calcium to 0.123 for vitamin C at an income level of $20,000.Food Consumption/Nutrition/Food Safety,

A model of nutrition information search with an application to food labels

Due to the dramatic rise of several diet-related chronic diseases, nutrition information search behaviours have received significant interest from both the scientific and non-scientific literature. No other known paper in economics, however, has examined from a theoretical perspective the acquisition of nutrition information as a health enhancing activity. We modify the standard health capital model (Grossman, 1972) to allow the time spent on nutrition information search to be considered within the context of a time allocation decision. We then collected extensive primary data based on the theoretical model and used these to test the model.nutrition information, food labels, health production

A STRUCTURAL ANALYSIS OF THE NEW ZEALAND DAIRY INDUSTRY

Industrial Organization,

Consumer Acceptance and Valuation for Alternative Protein Products

Scientific advances in “in-vitro meat” (IVM) or lab-meat production has now made it possible for companies to invest significant resources in the development and commercialization of lab-meat that could overcome some of the main critical concerns linked to conventional meat production, particularly environmental/sustainability impact and animal welfare. This study provides for the first time critical scientific information on United States consumers’ perception and willingness-to-pay for lab-meat using a discrete choice experiment. Our findings provide insights into the psychology of consumers’ acceptance and attitudes that can be used in communicating the nature of the IVM technology to the public, which also have important implications for future labelling policies for policy makers and the alternative protein industry

CONSUMPTION OF CONVENIENCE MEAT PRODUCTS: RESULTS FROM AN EXPLORATORY NEW JERSEY SURVEY

This exploratory study examines the effect of various factors on the decision to consume convenience meat products. Factors important to the decision by consumers to try convenience meat products are fat consciousness, number of adults and children in the household, education level, ownership of a microwave oven, average time to cook dinner, age, and to some extent, income.Food Consumption/Nutrition/Food Safety,

DETERMINANTS OF FARMER-TO-CONSUMER DIRECT MARKET VISITS BY TYPE OF FACILITY: A LOGIT ANALYSIS

This study identifies several socioeconomic and demographic characteristics of individuals who visited farmer-to-consumer direct markets in New Jersey. The analysis was performed for each type of direct marketing facility: pick-your-own farms, roadside stands, farmers' markets, and direct farm markets. Logit analysis results indicate that various factors affect visitation to each type of facility. Factors examined include consumers' consumption and variety of fruits and vegetables, price expectation, purpose of buying, age, sex, education, race, income, urbanization, and presence of home garden.Consumer/Household Economics,

The causes of childhood obesity: A survey

Childhood obesity rates are rapidly rising in many countries. Since it is highly likely that obesity will persist into adulthood, current rates undermine the health and future of people in developed as well as developing countries. This public health epidemic carries significant economic, social as well as individual-level consequences and has become a research topic of significant interest for various disciplines including economics. We survey the literature in economics and related disciplines associated with the causes of childhood obesity and synthesize the results to provide a better understanding of the explanations for the rising childhood obesity rates. This is an important step in crafting effective policies to combat global childhood obesity trends.childhood obesity, child health, overweight

Consumers' Willingness to Pay for Animal Welfare Attributes in Dairy Products: Evidence From Experimental Auctions

Consumer/Household Economics, Demand and Price Analysis, Livestock Production/Industries,