- The Oxford Handbook of the Economics of Food Consumption and Policy
- Acknowledgments
- List of Figures
- List of Tables
- List of Contributors
- Introduction
- 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
- Index
Abstract and Keywords
This article provides an overview of the methods employed in discrete choice models relevant to food demand analysis. Discrete analysis of food choices can be grouped into two main areas: analysis that focuses on the consumer to assess preferences and welfare, and analysis that focuses on assessing consumer behavior to provide marketing or sales strategies. This article illustrates that discrete choice models of food demand have been estimated from a variety of data sources: choice experiments, experimental economic data, and scanner panel data. It examines the conceptual framework underpinning these discrete choices. It reflects on the relatively unique properties of disaggregate food choices and the corresponding issues for discrete choice demand analysis. This article considers the operationalization of models based on the theoretical microeconomic model. Finally, it provides a brief description of some interesting extensions and future research issues in the area of discrete choice analysis and food demand.
Keywords: food demand, consumer behavior, discrete choice models, microeconomic model, choice analysis
W. L. Adamowicz, Distinguished University Professor, Department of Rural Economy, University of Alberta.
Joffre D. Swait is Professor, Alberta School of Business, University of Alberta.
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- The Oxford Handbook of the Economics of Food Consumption and Policy
- Acknowledgments
- List of Figures
- List of Tables
- List of Contributors
- Introduction
- 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
- Index