Fighting Fast Food by Christina Long

Negative advertising campaign, raising awareness of the dangerous effects of fast food.

2026-04-01 11:34:29 UTC

Government investment into the education sector of the economy

2026-04-01 11:40:15 UTC

By serving a bigger part of the governmental budget into the education sector, especially regarding the health education classes. This investment will lead to a greater societal awareness of the harmful and dangerous influence of fast food.

Subsidising healthy food producers

2026-04-01 11:40:50 UTC

Granting more economic benefits to firms who produce healthier foods leads to more healthy food consumption.

Create a price floor for fast food, which would cause people with low income to exit the market due to cheaper alternatives

2026-04-01 11:41:36 UTC

Subsidising healthy food companies

2026-04-01 11:42:03 UTC

This will boost the production of healthy food alternatives, allowing for more healthy alternatives to be cheaper.

Price floor

2026-04-01 11:43:18 UTC

Creating a price floor that puts a minimum price on what the price of fast food can be. This can be set above the price of healthy food, which raises the price of fast food above healthy. This would mean fast food takes up a larger proportion of a consumers income, which may relate to YED. When fast food takes up a larger portion of income, consumers may lean towards healthy food that take a smaller portion of income

Fast food=demerit good

2026-04-01 11:43:54 UTC

Fast food is considered a demerit good due to the negative externalities it imposes on society and contributes towards decreasing welfare. The over-consumption of fast food is correlation with poor education. This is evidence that consumers of the market have bounded rationality due to asymmetric information regarding the negative health effects of fast food. In order to eliminate the asymmetric information the government should focus on subsidising educational programs for school that would explain the negative effects of fast food consumption to the children. Besides elimnating asymetric information, since the concept is introduced at a younger age it also can create an anchoring bias which can also prevent overconsumption of fast food in the population.

2026-04-01 11:49:16 UTC

Negative Externalities - Consumption Positive Advertisement of healthy and whole foods and subsidies on healthy local restaurants.