Consumer behaviour

Consumer behaviour

Showing 301 – 320 of 699 results

Presentation graphic

Parental investment in child nutrition

Presentation

This presentation was made at a workshop held at the Institute for Fiscal Studies about resource allocation within households in March 2012.

30 March 2012

Article graphic

How significant is a minimum unit price for alcohol of 40p?

Comment

The Home Office have unveiled their alcohol strategy to reduce excess alcohol consumption. Notably, it includes a proposal to introduce a minimum price per alcohol unit in England and Wales, suggesting 40p as a likely rate. Analysing the detailed off-licence alcohol purchase data of more than 19,000 households, this observation argues that the policy would be a very significant intervention.

26 March 2012

Working paper graphic

Revealed preference in a discrete consumption space

Working Paper

We show that an agent maximizing some utility function on a discrete (as opposed to continuous) consumption space will obey the generalized axiom of revealed preference (GARP) so long as the agent obeys cost efficiency.

7 March 2012