Socioeconomic and Demographic Determinants of the Nutritional Content of National School Lunch Program Entrée Selections
In: American Journal of Agricultural Economics, Band 99, Heft 1, S. 1-17
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In: American Journal of Agricultural Economics, Band 99, Heft 1, S. 1-17
SSRN
In: Journal of benefit-cost analysis: JBCA, Band 13, Heft 1, S. 34-56
ISSN: 2152-2812
AbstractPartial equilibrium models have been used extensively by policy makers to prospectively determine the consequences of government programs that affect consumer incomes or the prices consumers pay. However, these models have not previously been used to analyze government programs that inform consumers. In this paper, we develop a model that policy makers can use to quantitatively predict how consumers will respond to risk communications that contain new health information. The model combines Bayesian learning with the utility-maximization of consumer choice. We discuss how this model can be used to evaluate information policies; we then test the model by simulating the impacts of the North Dakota Folic Acid Educational Campaign as a validation exercise.