000168228 001__ 168228
000168228 005__ 20180122232506.0
000168228 037__ $$a327-2016-12717
000168228 041__ $$aen_US
000168228 245__ $$aConsumption externalities and preference complementarities
000168228 260__ $$c2014-05
000168228 269__ $$a2014-05
000168228 270__ $$mrcleary@analysisgroup.com$$pCleary,   Rebecca
000168228 300__ $$a19
000168228 336__ $$aConference Paper/ Presentation
000168228 520__ $$aSocial interactions can lead to a variety of phenomena including consumption externalities and complementarities. Consumption externalities arise when the choices of others have an effect on the total value of a household's purchases; complementarities arise when the choices of others have an effect on the marginal value of a household's purchases. This paper develops a conceptual model that separately identifies consumption externalities and complementarities and illustrates their significance in an application to a household's choice of grocery store. We propose empirical measures of the value of consumption externalities and complementarities based on the benefit function and show how the two effects can be identified separately using household level data. Preliminary results show that purchases at traditional grocery stores have both positive externalities on other shoppers and complementarities with others' purchases whereas purchases at superstores have negative externalities on other shoppers and show no complementarity with others' purchases, even if those purchases are also made at a superstore.
000168228 542__ $$fLicense granted by Linda Eells (lle@umn.edu) on 2014-05-09T14:53:42Z (GMT):

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000168228 650__ $$aConsumer/Household Economics
000168228 700__ $$aCleary, Rebecca
000168228 700__ $$aCarlson, Andrea
000168228 8564_ $$s328614$$uhttp://ageconsearch.umn.edu/record/168228/files/Consumption%20Externalities%20_1_.pdf
000168228 887__ $$ahttp://purl.umn.edu/168228
000168228 909CO $$ooai:ageconsearch.umn.edu:168228$$pGLOBAL_SET
000168228 912__ $$nSubmitted by Linda Eells (lle@umn.edu) on 2014-05-09T15:00:00Z
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000168228 912__ $$nMade available in DSpace on 2014-05-09T15:00:00Z (GMT). No. of bitstreams: 1
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  Previous issue date: 2014-05
000168228 982__ $$gAgricultural and Applied Economics Association>2014 AAEA/EAAE/CAES Joint Symposium: Social Networks, Social Media and the Economics of Food, May 29-30, 2014, Montreal, Canada
000168228 980__ $$a327