Journal of Consumer Affairs · 2003 · 75 citations · 23 references
Social SciencesEconomicsNutritional SciencesBehavioral EconomicsFood EconomicsHuman NutritionConsumer Food ChoiceDiscounting In Economic EvaluationFood ChoicesFood ConsumptionNutrition EconomicsTime PreferencesBehavioral Economics In NutritionConsumer Food PreferencesDietary Behavior EconomicsFood Choice DecisionsHealth-oriented Food ChoiceIntertemporal Consumer ChoiceStated Preference AnalysisTime-preference Modeling
Economic theory related to time preference and health may be useful as a means of understanding the predictors of diet choice. The willingness to subvert present for future utility is hypothesized to influence the process of sacrificing time, flavor, convenience, and price in order to choose a healthful diet. Empirical results confirm the unique importance of variables related to rate of future discounting versus variables associated with market or cultural factors.
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A Theory of the Allocation of Time
Gary S. Becker · The Economic Journal · 1965 · 10.2K citations
A New Approach to Consumer Theory
Kelvin Lancaster · Journal of Political Economy · 1966 · 8.2K citations