Fast Food, Addiction, and Market Power
نویسندگان
چکیده
Many attribute the rise in obesity since the early 1980s to the overconsumption of fast food. A dynamic model of a differentiated-product industry equilibrium shows that a firm with market power will price below marginal cost in a steady-state equilibrium. A spatial hedonic pricing model is used to test whether fast food firms set prices in order to exploit their inherent addictiveness. The results show that firms price products dense in addictive nutrients below marginal cost, but price products high in nonaddictive nutrients higher than would be the case in perfect competition.
منابع مشابه
Fast Food Consumption Pattern among Youth in Ogbomoso Metropolis of Oyo State, Nigeria
Fast food has become a prominent feature of diet and has grown into a dominant dietary pattern among youth worldwide. It is difficult to escape noticing the colourful edifice and bill boards of these food outlets, one is probably just around the corner of your street. Mr Biggs, Tastes Fried Chicken, Sweet Sensation, Big Treat, Favourite etc. Due to competitive nature of the market many of the f...
متن کاملFood cravings, food addiction, and a dopamine-resistant (DRD2 A1) receptor polymorphism in Asian American college students.
BACKGROUND AND OBJECTIVES In an era where obesity remains an important public health concern, food addiction has emerged as a possible contributor to obesity. The DRD2 gene is the most studied polymorphism. The aim of this study was to investigate a relationship between food addiction questionnaires, body composition measurements, and a dopamine- resistant receptor polymorphism (DRD2 A1) among ...
متن کاملTwo-Stage Stochastic Day-Ahead Market Clearing in Gas and Power Networks Integrated with Wind Energy
The significant penetration rate of wind turbines in power systems made some challenges in the operation of the systems such as large-scale power fluctuations induced by wind farms. Gas-fired plants with fast starting ability and high ramping can better handle natural uncertainties of wind power compared to other traditional plants. Therefore, the integration of electrical and natural gas syste...
متن کاملFood systems transformations, ultra-processed food markets and the nutrition transition in Asia
BACKGROUND Attracted by their high economic growth rates, young and growing populations, and increasingly open markets, transnational food and beverage corporations (TFBCs) are targeting Asian markets with vigour. Simultaneously the consumption of ultra-processed foods high in fat, salt and glycaemic load is increasing in the region. Evidence demonstrates that TFBCs can leverage their market po...
متن کاملEvaluation of cooking emitted particulate matter concentration and workers cancer risk assessment in the sari fast-food shops
Introduction: One of the harmful pollutants in the indoor environments is particulate matters. Particles smaller than 2.5 micrometer in diameter that are suspend in the industrial environments air are the most deleterious dusts which can cause lung disease and cancer. In present study PM2.5 concentration in the fast-food shops air and its cancer risk for shop workers were assessed. Material ...
متن کامل