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Registros recuperados: 5
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The Value and Cost of Restaurant Calorie Labels: Results from a Field Experiment AgEcon
Ellison, Brenna D.; Lusk, Jayson L.; Davis, David W..
Using field experiment data, we estimate a structural model of consumer demand to determine the value of information for restaurant menu labels. Our experimental design allows us to compare the effectiveness of calorie labels to a “fat tax” at reducing caloric intake. Results show numeric labels did not influence demand, but symbolic traffic light labels reduced the marginal utility of caloric intake. Our model projects both labels would reduce intake more than high-calorie taxes or low-calorie subsidies. Ultimately, traffic light calorie labels led to the largest reduction in caloric intake but also one of the largest reductions in restaurant net returns.
Tipo: Presentation Palavras-chave: Menu labeling; Full-service restaurant; Calorie taxes/subsidies; Restaurant net returns; Food Consumption/Nutrition/Food Safety; I18; D04.
Ano: 2012 URL: http://purl.umn.edu/123529
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Integration, social distress, and policy formation AgEcon
Stark, Oded.
I study the integration of regions in the form of a merger of populations, which I interpret as a revision of people’s social space and their comparison set; I illustrate the way in which a merger can aggravate social distress; and I consider policy responses. Specifically, I view the merger of populations as a merger of income vectors; I measure social distress by aggregate relative deprivation; I demonstrate that a merger increases aggregate relative deprivation; and I show that a social planner is able to reverse this increase by means of least-cost, post-merger increases in individual incomes, but is unable to counter it by relying exclusively on a self-contained income redistribution that retains individual levels of wellbeing at their pre-merger...
Tipo: Working Paper Palavras-chave: Integration of regions; Merger of populations; Revision of social space; Aggregate relative deprivation; Social distress; Policy responses; Community/Rural/Urban Development; International Relations/Trade; D04; D63; F55; H53; P51.
Ano: 2012 URL: http://purl.umn.edu/120179
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VALUATION OF BIOTECHNOLOGY COMPANIES: REAL OPTIONS APPROACH UNDER UNCERTAINTY AgEcon
Ljumovic, Isidora; Cvijanovic, Janko; Lazic, Jelena.
Review article
Tipo: Article Palavras-chave: Risk; Real options; Valuation; Biotechnology; Agribusiness; Risk and Uncertainty; D04; D81; L65.
Ano: 2012 URL: http://purl.umn.edu/123958
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Food Prices and Blood Cholesterol AgEcon
Rahkovsky, Ilya; Gregory, Christian A..
Cardiovascular diseases (CVD) cost Americans hundreds in billions of dollars. High cholesterol levels, which are closely related to diet habits, are a major contributor to CVD. In this paper we study whether changes in food prices are related to cholesterol levels and whether taxes or subsidies of particular foods would be effective in lowering cholesterol levels and, consequently, CVD costs. We find that prices of vegetables, processed foods, and whole milk and whole grains significantly affect the blood cholesterol levels. Having analyzed the costs and benefits of government interventions, we find that a subsidy of vegetables and whole grains would be the most efficient way to reduce CVD expenditures.
Tipo: Conference Paper or Presentation Palavras-chave: Cholesterol; CVD; Cardio-vascular; Food prices; Health; Welfare; Agricultural and Food Policy; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Health Economics and Policy; D04; D12; D62; H23; I19; Q18.
Ano: 2011 URL: http://purl.umn.edu/103566
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Policy responses to a dark side of the integration of regions and nations AgEcon
Stark, Oded.
In this paper I study policy responses to an increase in post-merger distress. I consider the integration of regions and nations as a merger of populations which I view as a revision of social space, and I identify the effect of the merger on aggregate distress. The paper is based on the premise that the merger of groups of people alters their social landscape and their comparators. Employing a specific measure of social distress that is based on the sensing of relative deprivation, a merger increases aggregate distress: the social distress of a merged population is greater than the sum of the social distress of the constituent populations when apart. In response, policies are enacted to ensure that aggregate distress and/or that of individuals does not...
Tipo: Working Paper Palavras-chave: Merger of populations; Revision of social space; Aggregate relative deprivation; Societal distress; Policy responses; Community/Rural/Urban Development; Labor and Human Capital; D04; D63; F55; H53; P51.
Ano: 2012 URL: http://purl.umn.edu/122036
Registros recuperados: 5
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