- The Oxford Handbook of the Economics of Food Consumption and Policy
- List of Figures
- List of Tables
- List of Contributors
- Constrained Utility Maximization and Demand System Estimation
- Household Production Theory and Models
- Risk Preferences and Food Consumption
- Behavioral Economics and the Food Consumer
- Discrete Choice Theory and Modeling
- Hedonic Price Analysis in Food Markets
- Non-Market Valuation: Stated Preference Methods
- Non-Market Valuation: Experimental Methods
- Consumer Demand in Vertically Differentiated Markets
- Models of Horizontal Product Differentiation in Food Markets
- Consumer Demand and Welfare in Equilibrium Displacement Models
- Food Security Policy in Developed Countries
- Food Security Policy in Developing Countries
- Economic Development, Government Policies, and Food Consumption
- Food Standards and International Trade
- The Political Economy of Food Standards
- Health Investments under Risk and Ambiguity
- Private Versus Third Party versus Government Labeling
- Bans and Labels with Controversial Food Technologies
- Nutritional Labeling
- Food Safety Policy
- Policy Evaluation and Benefit-Cost Analysis
- Globalization and Trends in World Food Consumption
- Increasing and More Volatile Food Prices and the Consumer
- Changing Nutritional Content of Food
- Food Away From Home
- Consumer Demand for Food Variety
- Effects of Generic Advertising on Food Demand
- Food Consumption and Health
- Demographics and Food Consumption: Empirical Evidence
- Habit Formation in Food Consumption
- Demand for Meat Quality Attributes
- Geographically Differentiated Products
- Environmental Concerns in Food Consumption
- Ethical Considerations and Food Demand
Abstract and Keywords
This article reviews the regulatory environment with respect to nutrition information in several countries. It then discusses the trends in label formats and the increasing number of studies that have focused on this issue. It summarizes some of the theoretical attempts at modeling the economics of nutrition information search. It then illustrates and addresses some important econometric issues that have been only minimally covered in the extensive empirical literature on nutritional labeling and health outcomes. Furthermore, it discusses the literature on nutritional labeling and food away from home, which has received a lot of attention over the last five years. It mainly updates previous literature reviews on nutritional labels and nutrition/health claims, and then concludes with future areas of research.
Andreas C. Drichoutis, Lecturer, Department of Economics, University of Ioannina.
Rodolfo M. Nayga, Jr. is Professor and Tyson Chair in Food Policy Economics, Department of Agricultural Economics and Agribusiness, University of Arkansas.
Panagiotis Lazaridis is Professor, Department of Agricultural Economics and Rural Development, Agricultural University of Athens.
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