IDEAS home Printed from https://ideas.repec.org/p/ags/iefi14/199401.html
   My bibliography  Save this paper

Does Consumer Time Preference Affect Label Use?

Author

Listed:
  • Cavaliere, Alessia
  • De Marchi, Elisa
  • Banterle, Alessandro

Abstract

Diet-related chronic diseases, such as overweight and obesity, are worrisome not only from a medical point of view, but also in terms of monetary expenditures, these health problems are strictly linked to sizeable sanitary costs (Chou et al., 2004; Yaniv et al., 2009; Cawley and Meyerhoefer, 2012; Ruhm, 2012). These costs are mainly due to the purchase of medical care (direct costs), and to the loss of productivity caused by hill-health (indirect costs) (Rosin, 2008). To challenge these problems and improve public health it is of particular importance to study the determinants of food consumption, and understand the best way to effectively address consumers toward healthy eating. To this purpose, one of the most investigated topics in the last decades has been the role of food-related information. Economists have found evidences that food information can exert a positive effect in increasing consumer nutrition knowledge and in promoting healthier consumption. Hence, policy makers have proposed different policy interventions to provide consumers with more, and more detailed, information. These information measures have included the diffusion of dietary guidelines, the promotion of nutritional education programs in the schools, and also specific campaigns to increase public awareness concerning fruit and vegetables consumption or the negative effects of some unhealthy food and drinks. In this context, another and maybe more direct way to provide consumers with food-related information is represented by on-package food labels, which currently constitute the principal tool through which consumers can easily acquire information about food products. The key role of food labels in making individuals able to do more conscious diet choices has been well established by the main findings of the economic literature (Drichoutis et al., 2006; Drichoutis et al., 2008a; Drichoutis et al., 2009; Norgaard and Brunso 2009; Barreiro-Hurlè et al., 2010). Therefore, given the importance of on-packaging information, the EU has recently introduced the EU Regulation No. 1169/2011, published in October 2011, in order to make labels even more effective and boost their utility for consumers. This new low has established some rules concerning mandatory information, nutritional facts and also the graphical standards allowed on food labels in all the EU. Nonetheless, consumers are not always willing to make use of the information reported on labels, and this makes of crucial importance to investigate and understand which factors can be able to discourage consumers in using labels.

Suggested Citation

  • Cavaliere, Alessia & De Marchi, Elisa & Banterle, Alessandro, 2014. "Does Consumer Time Preference Affect Label Use?," 2014 International European Forum, February 17-21, 2014, Innsbruck-Igls, Austria 199401, International European Forum on System Dynamics and Innovation in Food Networks.
  • Handle: RePEc:ags:iefi14:199401
    DOI: 10.22004/ag.econ.199401
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/199401/files/48-Cavaliere%20et%20al..pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.199401?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Gretchen B. Chapman & Arthur S. Elstein, 1995. "Valuing the Future," Medical Decision Making, , vol. 15(4), pages 373-386, October.
    2. Smith, Patricia K. & Bogin, Barry & Bishai, David, 2005. "Are time preference and body mass index associated?: Evidence from the National Longitudinal Survey of Youth," Economics & Human Biology, Elsevier, vol. 3(2), pages 259-270, July.
    3. Drichoutis, Andreas & Lazaridis, Panagiotis & Nayga, Rodolfo, 2009. "A model of nutrition information search with an application to food labels," Working Papers 2009-02, Agricultural University of Athens, Department Of Agricultural Economics.
    4. Mazzocchi, Mario & Traill, W. Bruce & Shogren, Jason F., 2009. "Fat Economics: Nutrition, Health, and Economic Policy," OUP Catalogue, Oxford University Press, number 9780199213863.
    5. Yaniv, Gideon & Rosin, Odelia & Tobol, Yossef, 2009. "Junk-food, home cooking, physical activity and obesity: The effect of the fat tax and the thin subsidy," Journal of Public Economics, Elsevier, vol. 93(5-6), pages 823-830, June.
    6. Odelia Rosin, 2008. "The Economic Causes Of Obesity: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 22(4), pages 617-647, September.
    7. Visschers, Vivianne H.M. & Hartmann, Christina & Leins-Hess, Rebecca & Dohle, Simone & Siegrist, Michael, 2013. "A consumer segmentation of nutrition information use and its relation to food consumption behaviour," Food Policy, Elsevier, vol. 42(C), pages 71-80.
    8. Grossman, Michael, 2006. "Education and Nonmarket Outcomes," Handbook of the Economics of Education, in: Erik Hanushek & F. Welch (ed.), Handbook of the Economics of Education, edition 1, volume 1, chapter 10, pages 577-633, Elsevier.
    9. Andreas C. Drichoutis & Panagiotis Lazaridis & Rodolfo M. Nayga Jr, 2009. "On Consumers' Valuation Of Nutrition Information," Bulletin of Economic Research, Wiley Blackwell, vol. 61(3), pages 223-247, July.
    10. Grossman, Michael, 1972. "On the Concept of Health Capital and the Demand for Health," Journal of Political Economy, University of Chicago Press, vol. 80(2), pages 223-255, March-Apr.
    11. Cawley, John & Meyerhoefer, Chad, 2012. "The medical care costs of obesity: An instrumental variables approach," Journal of Health Economics, Elsevier, vol. 31(1), pages 219-230.
    12. Chou, Shin-Yi & Grossman, Michael & Saffer, Henry, 2004. "An economic analysis of adult obesity: results from the Behavioral Risk Factor Surveillance System," Journal of Health Economics, Elsevier, vol. 23(3), pages 565-587, May.
    13. Barreiro-Hurlé, Jesús & Gracia, Azucena & de-Magistris, Tiziana, 2010. "Does nutrition information on food products lead to healthier food choices?," Food Policy, Elsevier, vol. 35(3), pages 221-229, June.
    14. Andreas Drichoutis & Panagiotis Lazaridis & Rodolfo Nayga & Maria Kapsokefalou & George Chryssochoidis, 2008. "A theoretical and empirical investigation of nutritional label use," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 9(3), pages 293-304, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Cavaliere, Alessia & De Marchi, Elisa & Banterle, Alessandro, 2013. "Time Preference and Health: The Problem of Obesity," 2013 International European Forum, February 18-22, 2013, Innsbruck-Igls, Austria 164754, International European Forum on System Dynamics and Innovation in Food Networks.
    2. Cavaliere, Alessia & De Marchi, Elisa & Banterle, Alessandro, 2015. "Information based food policy: is nutritional label the right instrument for everyone?," 2015 Conference, August 9-14, 2015, Milan, Italy 211399, International Association of Agricultural Economists.
    3. repec:ags:iaae15:211447 is not listed on IDEAS
    4. Chavas, Jean-Paul, 2013. "On the microeconomics of food and malnutrition under endogenous discounting," European Economic Review, Elsevier, vol. 59(C), pages 80-96.
    5. Banterle, Alessandro & Cavaliere, Alessia, 2014. "Is there a relationship between product attributes, nutrition labels and excess weight? Evidence from an Italian region," Food Policy, Elsevier, vol. 49(P1), pages 241-249.
    6. Bemile, Esther & Anders, Sven M., 2014. "Linking Diet-Health Behaviour and Obesity using Propensity Score Matching," 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia 182832, European Association of Agricultural Economists.
    7. Dragone, Davide & Savorelli, Luca, 2012. "Thinness and obesity: A model of food consumption, health concerns, and social pressure," Journal of Health Economics, Elsevier, vol. 31(1), pages 243-256.
    8. Bonanno, Alessandro & Bimbo, Francesco & Cleary, Rebecca & Castellari, Elena, 2018. "Food labels and adult BMI in Italy – An unconditional quantile regression approach," Food Policy, Elsevier, vol. 74(C), pages 199-211.
    9. Barone, Adriana & O'Higgins, Niall, 2010. "Fat and out in Salerno and its province: Adolescent obesity and early school leaving in Southern Italy," Economics & Human Biology, Elsevier, vol. 8(1), pages 44-57, March.
    10. Yang, Muzhe & Huang, Rui, 2010. "Exposure to Obesity and Weight Gain among Adolescents," Research Reports 149944, University of Connecticut, Food Marketing Policy Center.
    11. Sarma, Sisira & Zaric, Gregory S. & Campbell, M. Karen & Gilliland, Jason, 2014. "The effect of physical activity on adult obesity: Evidence from the Canadian NPHS panel," Economics & Human Biology, Elsevier, vol. 14(C), pages 1-21.
    12. Julian M. Alston & Joanna P. MacEwan & Abigail M. Okrent, 2016. "Effects of U.S. Public Agricultural R&D on U.S. Obesity and its Social Costs," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 38(3), pages 492-520.
    13. Tansel, Aysit & Öztürk, Ceyhan & Erdil, Erkan, 2021. "The Impact of Body Mass Index on Growth, Schooling, Productivity, and Savings: A Cross-Country Study," GLO Discussion Paper Series 929, Global Labor Organization (GLO).
    14. Michael Grossman & Naci H. Mocan, 2011. "Introduction to "Economic Aspects of Obesity"," NBER Chapters, in: Economic Aspects of Obesity, pages 1-16, National Bureau of Economic Research, Inc.
    15. Mathilde Godard, 2015. "Gaining weight through retirement? Results from the SHARE survey," Post-Print halshs-01521884, HAL.
    16. Zarko Kalamov, 2020. "A sales tax is better at promoting healthy diets than the fat tax and the thin subsidy," Health Economics, John Wiley & Sons, Ltd., vol. 29(3), pages 353-366, March.
    17. Borghans, Lex & Golsteyn, Bart H.H., 2006. "Time discounting and the body mass index: Evidence from the Netherlands," Economics & Human Biology, Elsevier, vol. 4(1), pages 39-61, January.
    18. Adriana Barone & Cristian Barra, 2022. "Weight Status and Depression in Italy: Evidence from the Second Wave of the European Health Interview Survey," Journal of Interdisciplinary Economics, , vol. 34(2), pages 193-227, July.
    19. Charles J. Courtemanche & Joshua C. Pinkston & Christopher J. Ruhm & George L. Wehby, 2016. "Can Changing Economic Factors Explain the Rise in Obesity?," Southern Economic Journal, John Wiley & Sons, vol. 82(4), pages 1266-1310, April.
    20. Godard, Mathilde, 2016. "Gaining weight through retirement? Results from the SHARE survey," Journal of Health Economics, Elsevier, vol. 45(C), pages 27-46.
    21. Herath, J & Gebremedhin, T., 2010. "An Empirical Analysis of Adult Obesity in West Virginia," Sri Lankan Journal of Agricultural Economics, Sri Lanka Agricultural Economics Association (SAEA), vol. 12, pages 1-15.

    More about this item

    Keywords

    Agribusiness; Food Consumption/Nutrition/Food Safety;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:iefi14:199401. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ilbonde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.