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Research into food choice investigates how people select the food they eat. An interdisciplinary topic, food choice comprises psychological and sociological aspects (including food politics and phenomena such as vegetarianism or religious dietary laws), economic issues (for instance, how food prices or marketing campaigns influence choice) and sensory aspects (such as the study of the ...
Homothetic preferences. In consumer theory, a consumer's preferences are called homothetic if they can be represented by a utility function which is homogeneous of degree 1. [1]: 146 For example, in an economy with two goods , homothetic preferences can be represented by a utility function that has the following property: for every : In ...
Food security is the state of having reliable access to a sufficient quantity of affordable, nutritious food. The availability of food for people of any class and state, gender or religion is another element of food security. Similarly, household food security is considered to exist when all the members of a family, at all times, have access to ...
In economics, and in other social sciences, preference refers to an order by which an agent, while in search of an "optimal choice ", ranks alternatives based on their respective utility. Preferences are evaluations that concern matters of value, in relation to practical reasoning. [1] Individual preferences are determined by taste, need ...
The Merriam-Webster Dictionary defines foodways as "the eating habits and culinary practices of a people, region, or historical period". [3] The term ′foodways′ appears to have been coined in 1942 by three University of Chicago graduate students, John W. Bennett, Harvey L. Smith and Herbert Passin. [4] In the 1920s and 1930s, agricultural ...
In microeconomics, an Engel curve describes how household expenditure on a particular good or service varies with household income. [1][2] There are two varieties of Engel curves. Budget share Engel curves describe how the proportion of household income spent on a good varies with income. Alternatively, Engel curves can also describe how real ...
Choice modelling. Choice modelling attempts to model the decision process of an individual or segment via revealed preferences or stated preferences made in a particular context or contexts. Typically, it attempts to use discrete choices (A over B; B over A, B & C) in order to infer positions of the items (A, B and C) on some relevant latent ...
Omnivorism, a term typically reserved for those who consume a non-restricted variety of food products, [10] may also refer to the consumption of rare or foreign foods. [3] [2] Consuming unfamiliar foods, especially foods from different cultures, signifies a sense of worldliness that can only be obtained through social and economic capital.