@techreport{6dd1a43f1624440da79bda2f2f0a33a3,
title = "Rational inattention or rational overreaction?: Consumer reactions to health news",
abstract = "We investigate differences in how consumers of fish react to health information in the mass media. We specify a dynamic empirical model that allows for heterogeneity in all basic parameters of consumer behavior as well as in how consumers react to information. We estimate the model using a unique houshold panel tracking consumption, prices, news stories and media habits over 24 quarters. We fi nd that the consumers most likely to be {\textquoteright}rationally ignorant{\textquoteright} of health effects react more dramatically to health news than the consumers who most likely are well informed.",
author = "Martin Browning and Hansen, {Lars G{\aa}rn} and Sinne Smed",
year = "2013",
language = "English",
series = "IFRO Working Paper",
publisher = "Department of Food and Resource Economics, University of Copenhagen",
number = "2013/14",
type = "WorkingPaper",
institution = "Department of Food and Resource Economics, University of Copenhagen",
}
