Rational choice of food: on the domain of the premises of the consumer choice theory

Pantzar, Mika

doi:10.1111/j.1470-6431.1996.tb00232.x

Cited by 8 publications

(4 citation statements)

References 32 publications

(3 reference statements)

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“…The consumer theory postulates that consumers are rational economic actors striving to satisfy welfare (utility) from consumption of substitutable commodities (Pantzar, 1996; Thaler, 1980). In this study, consumers are assumed to maximize utility from consumption of local cereals or imported substitutes given a certain level of disposable income.…”

Section: Literature Reviewmentioning

confidence: 99%

Impact of the Russia–Ukraine war on grain and fertilizer supply: Evidence from Kenya

Mwatu

2023

World Food Policy

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This paper examines the impact of the Russia–Ukraine war on grain and fertilizer supply to Kenya as the sixth largest economy in Africa using the Regression Discontinuity estimator on monthly data spanning from January 2017 to August 2022. The share of the quantity and value of cereals and fertilizer imports by Kenya from Russia and Ukraine in the total quantity and value of cereals and fertilizer imports by Kenya from world are utilized. The share of freight and insurance costs on grain and fertilizer imports by Kenya from Russia and Ukraine in total freight and insurance costs on grain and fertilizer from world have also been used. After controlling for sensitivity and incorporating depreciation of the exchange rate and a dummy on drought as covariates, the results indicate the war has had insignificant impact on imports of grain and fertilizer by Kenya though the impact is negative for grain but positive for fertilizer. The findings have policy implications touching on need for African countries to diversify import sources for grain and fertilizer, enhance productive capacities through investment on irrigation, strengthen diplomatic ties with existing import sources for grain and fertilizer, and invest in climate action to tackle drought incidences.

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Section: Literature Reviewmentioning

confidence: 99%

Impact of the Russia–Ukraine war on grain and fertilizer supply: Evidence from Kenya

Mwatu

2023

World Food Policy

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“…As a result, the respondent shifts his or her criterion to be appropriate to the nature of the component, as well as tempting the respondent to outguess the researcher, looking for the 'right answers' . Presenting combinations prevents the respondent from gaming the system, forcing the respondent to maintain the same criterion through the set of evaluations [12,13].…”

Section: The Mind Genomics Paradigm As a Way To Understand The Mind O...mentioning

confidence: 99%

Empowering Young Researchers: Searching for What to Say to Young People to Avoid Becoming Obese

2023

Endocrinol Diabetes Metab J

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71 US respondents, ages 14-19, evaluated phrases about what to do to avoid overeating. The phrases were selected by two student researchers, one in middle school, one in elementary school, using artificial intelligence. The phrases were combined according an underlying experimental design, creating 24 vignettes, with each of the 71 respondents evaluating a unique set of vignettes, rating each vignette on 'for me versus not for me'. Clustering reveal three clearly different mind-sets about what is most relevant to the respondent; Mind-Set 1 focuses on exercise, Mind-Set 2 focuses on eating healthfully, Mind-Set 3 focuses on parental responsibility. The three mind-sets emerged clearly and dramatically, even though the respondents evaluated combinations of messages, some relevant, some not relevant. Demonstrating the Mind Genomics Process and Results for the Topic of 'Preventing Childhood Obesity'The process begins with a topic, namely childhood obesity. In the traditional Mind Genomics process, before the introduction of artificial intelligence through Idea Coach, it was the researcher's job to create four questions which tell a story. The researcher would be

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“…There are long‐standing discussions of whether there is, for example, a trickle down effect according to which the styles of consumption transfer from one societal class to another by conscious imitation, as well as whether the Law of Engel always and everywhere applies, which describes the wealth of the households in inverse function to the share of necessary costs (e.g. Bryson, 1997; Bihagen and Katz‐Gerro, 2000; Pantzar, 1996).…”

Section: Introductionmentioning

confidence: 99%

Consumption disparities in information society

Räsänen

2006

International Journal of Sociology and Social Policy

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PurposeThis article compares consumption differences between population groups in the fields of the traditional and new information and entertainment. The interest is to estimate to what extent traditional information and entertainment expenditure and expenditure on the new information technology display similar structural characteristics.Design/methodology/approachThe data used is the Finnish Expenditure Survey data from 1998 (N=4359) and 2001‐2002 (N=5495) provided by the Statistics Finland. The information and entertainment consumption is studied by using purchasing costs of books and magazines, television license and pay channel costs, video rentals, and operating costs of phone and internet services. The differences by population groups are analysed according to the respondent's level of education and income, type of household, respondent's age and gender, and place of residence.FindingsThe findings indicate that the differences concerning books and magazines and especially phone and internet services have increased in the 21st century.Research limitations/implicationsThe conclusions presented in this article are connected with circumstances during and after the product consolidation in Finland. In this regard it should be stated that the empirical analysis was restricted to the use of variables including different operating costs and to a short time frame in one European country.Practical implicationsThe findings indicate that consumption disparities display the same structural characteristics in the realms of both traditional information technology (books and magazines) and new information technology (phone and internet services). Despite the fact that new technology is apparently available to everyone, growing disparities are displayed by both education and income.Originality/valueThis paper compares the traditional and digital divides in Finland to display the structural similarities and differences.

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Rational choice of food: on the domain of the premises of the consumer choice theory

Cited by 8 publications

References 32 publications

Impact of the Russia–Ukraine war on grain and fertilizer supply: Evidence from Kenya

Impact of the Russia–Ukraine war on grain and fertilizer supply: Evidence from Kenya

Empowering Young Researchers: Searching for What to Say to Young People to Avoid Becoming Obese

Consumption disparities in information society

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