Heterogeneous consumer reactions to health news

Publikation: Bidrag til tidsskriftTidsskriftartikelfagfællebedømt

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,
OriginalsprogEngelsk
TidsskriftAmerican Journal of Agricultural Economics
Vol/bind101
Udgave nummer2
Sider (fra-til)579–599
Antal sider21
ISSN0002-9092
DOI
StatusUdgivet - 2019

ID: 200866645