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To buy or not to buy Comsumers' demand response patterns for healthy versus unhealthy food

By: Contributor(s): Material type: Mixed materialsMixed materialsPublication details: 2013Description: 124-138Subject(s): NLM classification:
  • 658.8
In: JOURNAL OF MARKETINGMSummary: The authors integrate research on impulsivity from the psychology area with standard economic theories of consumer demand to make novel predictions about the effects of market price changes on consumers' food consumption behavior. The results frommutiple stuides confirm that consumers exhibit undesirable asymmetric partterns of demand sensitivity to price changes for healthy and unhealthy food. For healthy food, demand sensitivity is greater for a price increase than for a price decrease. For unhealty food, the opposite holds true.
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Periodicals/Magazines Periodicals/Magazines SSCBS Library 77/2 Available P14947

The authors integrate research on impulsivity from the psychology area with standard economic theories of consumer demand to make novel predictions about the effects of market price changes on consumers' food consumption behavior. The results frommutiple stuides confirm that consumers exhibit undesirable asymmetric partterns of demand sensitivity to price changes for healthy and unhealthy food. For healthy food, demand sensitivity is greater for a price increase than for a price decrease. For unhealty food, the opposite holds true.

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