Meat Demand under Rational Habit Persistence

The objective of this paper is to explore the theoretical implications of a meat demand model with rational habits. To introduce consumption dynamics, habit persistence is used to motivate intertemporally related preferences. The impact of food safety information on meat consumption is systematically analyzed. Important differences between myopic habits and rational habits are outlined.


Issue Date:
2005
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/19145
Total Pages:
32
Series Statement:
Selected Paper 136409




 Record created 2017-04-01, last modified 2017-11-12

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