Measuring the Welfare Effects of Nutrition Information

Autor:	Mario F. Teisl, Nancy E. Bockstael, Alan S. Levy
Rok vydání:	2001
Předmět:	Estimation Consumption (economics) Economics and Econometrics Public economics media_common.quotation_subject Social benefits Agricultural and Biological Sciences (miscellaneous) Value of information Benefit analysis Economics Nutrition information Health risk Welfare media_common
Zdroj:	American Journal of Agricultural Economics. 83:133-149
ISSN:	1467-8276 0002-9092
DOI:	10.1111/0002-9092.00142
Popis:	Cost/benefit analysis justifies regulations altering the amount of health-related information presented to consumers. The current method of benefit analysis, the cost of avoided illness, is limited; it assumes the benefits of health-related information are adequately represented by changes in illnesses. The manuscript develops a benefit estimation method to measure the welfare impacts of providing nutrient information. Nutrient labeling significantly affects purchase behaviour but may not lead to increased consumption of health foods. Nutrient labeling may increase welfare without any change in health risk. Thus, the cost of avoided illness approach can underestimate the social benefits of providing nutrient information. Copyright 2001, Oxford University Press.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::1a1816f7b97b159f95b09dba4fcaf59d https://doi.org/10.1111/0002-9092.00142 Zobrazit plný text záznamu Plný text ve formátu PDF