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Incorporating Subsistence into Hedonic Price and Nutrient Demand Equations
Author(s) -
COOK CHRISTANNA M.,
EASTWOOD DAVID B.
Publication year - 1992
Publication title -
journal of consumer affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.582
H-Index - 62
eISSN - 1745-6606
pISSN - 0022-0078
DOI - 10.1111/j.1745-6606.1992.tb00029.x
Subject(s) - subsistence agriculture , economics , consumption (sociology) , nutrient , agricultural economics , microeconomics , consumer demand , econometrics , ecology , agriculture , biology , sociology , social science
The characteristics model of consumer choice is modified to accommodate subsistence. Implications of the model for evaluation of the hedonic price equations and nutrient demand equations are explored. The new model is tested using the 1977–1978 Nationwide Food Consumption Survey.