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Incorporating Subsistence into Hedonic Price and Nutrient Demand Equations

CHRISTANNA M. COOK and DAVID B. EASTWOOD
The Journal of Consumer Affairs
Vol. 26, No. 2 (Winter1992), pp. 288-304
Published by: Wiley
Stable URL: http://www.jstor.org/stable/23859500
Page Count: 17
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Incorporating Subsistence into Hedonic Price and Nutrient Demand Equations
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Abstract

The characteristics model of consumer choice is modified to accommodate subsistence. Implications of the model for evaluation of the hedonic price equations and nutrient demand equations are explored. The new model is tested using the 1977-1978 Nationwide Food Consumption Survey.

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