Consumer choices

People differ in their preferences and m the value they put on their time. For consumer choices in particular, the entire list of qualities of services provided by different energy sources can be important. For example, both kerosene lamps and electric lights can be used to illuminate a home. Most households shifted quickly to electricity once it became available, and few would shift to kerosene today even if kerosene for lamp fuel were free. The lighting provided differs in more ways than cost. 

Reliability of electric energy supply is an important requirement in modern society, and consumers in developed countries have grown to expect electricity to be available on demand. The electric utility industry in North America and throughout the rest of the developed world is undergoing considerable change as open transmission access and consumer choice are... 

There are at least three functions of labeling products, such as those produced with unfamiliar technologies (1) protect consumer choice, (2) provide information on product ingredients for health reasons (e.g., allergies), and... 

Industry too has contributed toward the establishment of an international consensus. According to Mardsen and Arce (1995,1274) the retail and corporate sector is often the forerunner in the regulation of food safety and quality. In this way, public opinion and consumer choice give large retailers great power in setting standards for their suppliers (Murdock, Marsden Banks, 2000, p. 109). 

Novelty and surprise in consumer choice Edited by Marina Bianchi... 

More fundamentally, the situation of lawn people suggests that apolitical ideas about consumer choice, identity, and anxiety hold little explanatory purchase. Lawn people, turfgrasses, input purveyors, communities, developers, and municipalities are all interlinked with one another in a network of enforcement that constitutes each, and that enforces the repeated and aggregated power-laden behaviors that we see throughout the system. Lawn people are citizens of a risk society, caught up in the contradictions of a larger economy, enrolled in a... 

Ackerberg, D. 2003. Advertising, Learning, and Consumer Choice in Experience Good Market A Structure Examination. International Economic l eview 44 1007-1040. 

In general, policy analysts examine sources of conflict in a market society and determine what the government might do to improve firm and consumer choices. This book examines the specific issue of chemicals in our modern industrial society and discusses how government can enhance public health. In this context, important policy issues include ... 

However, consumer choice has its limitations. It does not automatically follow that more choice is always desirable or necessary. Linked to the satisfaction of consumer choice is the availability of information. 

Food Standards Agency 2002. Report of the Workshop on Research and Surveys to Inform Consumer Choice Between Organic and Conventionally Produced Pood. Food Standards Agency, UK. Finamore, A., Britti, M.S., Roselli, M., Bellovino, D., Gaetani, S. and Mengheri, E. 2004. Novel... 

Consider a publicly traded company with a product you are familiar with. Choose two key factors that effect consumer choice with respect to this product. Sketch a positioning diagram, locating the selected company s product with respect to its competitors. 

For analysts who are faced with either a new drug product or unknown impurities, time-consuming choices will have to be made regarding which TLC systems to test from the hundreds proposed. Over the last several years, efforts have been directed toward choosing only a handful of... 

It seems to me that if the labeling statement does not help with safety interventions or inform consumer choice, it does not serve the purpose I say, finally answering Amies question. It only confuses and unnecessarily alarmspeople. ... 

At other times Marx shows himself fully aware of the importance of consumer choice under capitalism, as in the following passage from the Grundrisse ... 

Surveys indicate that consumers favor government mandates or taxes to reduce oil dependency even while individual consumer choices result in the opposite (U.S. Department of Energy, 2001). The political system has reflected this by limiting regulatory requirements on the automobile and fuel industries to emission reductions and safety improvements that are largely transparent to the end consumer. California s controversial zero emission vehicle program was criticized, in part, because it required manufacturers to sell ZEVs but did not have a parallel requirement for consumers to buy them. 

Thaler, R. (1980), Towards a positive theory of consumer choice," Journal of Economic Behavior and Organization 1, 39-60. 

Flavorings play essential roles in the production of a wide range of food products versatile in aroma to allow consumer choices and to meet consumer needs. In this regard, flavor... 

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