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022			_a1350481
040			_aMSU _cMSU _erda _bEnglish
050	0	0	_aHB1.A666 APP
100	1		_aMcCullough, M. P. _eauthor
245	1	0	_aReconstructing market reactions to consumption harms _ccreated by Michael McCullough, Thomas Marsh and R. Huffaker
264	1		_aNew York: _bTaylor and Francis, _c2013.
336			_2rdacontent _atext _btxt
337			_2rdamedia _aunmediated _bn
338			_2rdacarrier _avolume _bnc
440			_aApplied economics letters _vVolume 20, number 2
520	3		_aWe investigate dynamic market reactions from harmful events using phase space reconstruction to analyse nonlinear dynamical systems. Phase space reconstruction analysis is applied to US beef consumption data, demonstrating market deviations and transitions from plausible, stable consumption patterns in response to product attributes (latent or nonlatent) coinciding with longer or shorter term human health harms (e.g. cholesterol) or food safety harms (e.g. Escherichia coli and Bovine Spongiform Encephalopathy (BSE)). The results support complex, nonlinear dynamic behavioural responses to perceived consumption harms. Consistent with previous research, the perceived negative long-run health effect from cholesterol caused consumers to transition their consumption behaviour from a higher to a lower level while retaining a persistent seasonal pattern. In contrast, responses to food safety information (i.e. E. coli or BSE) about beef derived from phase space reconstruction demonstrated temporary deviations from stable consumption patterns.
650			_aFood safety _vHealth effects _xExpected utility
700	1		_aMarsh, T. L. _eco author
700	1		_aHuffaker, R. _eco author
856			_uhttps://doi.org/10.1080/13504851.2012.687091
942			_2lcc _cJA
999			_c162752 _d162752