Heterogeneous consumer reactions to health news
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Heterogeneous consumer reactions to health news. / Browning, Martin; Hansen, Lars Gårn; Smed, Sinne.
In: American Journal of Agricultural Economics, Vol. 101, No. 2, 2019, p. 579–599.Research output: Contribution to journal › Journal article › Research › peer-review
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TY - JOUR
T1 - Heterogeneous consumer reactions to health news
AU - Browning, Martin
AU - Hansen, Lars Gårn
AU - Smed, Sinne
PY - 2019
Y1 - 2019
N2 - We investigate heterogeneity in how consumers react to health-related media information. Our specific focus is on news relating to fish and the consumption of different types of fish. We specify a dynamic empirical model that allows for pervasive heterogeneity in all basic parameters of consumer behavior, as well as in how consumers react to information. We estimate the model using a unique household panel tracking consumption, prices, news stories, and media habits over 24 quarters. We find that only 16% of consumers react to news that is specific to fatty fish. These consumers have a large reaction to such news, with a modest initial over-reaction. Furthermore, these consumers are also more attentive to general media information about the healthiness of fish,
AB - We investigate heterogeneity in how consumers react to health-related media information. Our specific focus is on news relating to fish and the consumption of different types of fish. We specify a dynamic empirical model that allows for pervasive heterogeneity in all basic parameters of consumer behavior, as well as in how consumers react to information. We estimate the model using a unique household panel tracking consumption, prices, news stories, and media habits over 24 quarters. We find that only 16% of consumers react to news that is specific to fatty fish. These consumers have a large reaction to such news, with a modest initial over-reaction. Furthermore, these consumers are also more attentive to general media information about the healthiness of fish,
U2 - 10.1093/ajae/aay055
DO - 10.1093/ajae/aay055
M3 - Journal article
VL - 101
SP - 579
EP - 599
JO - American Journal of Agricultural Economics
JF - American Journal of Agricultural Economics
SN - 0002-9092
IS - 2
ER -
ID: 200866645