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This article addresses the questions of who, among eligible low-income consumers, participates in the Food Stamp Program and which variables are influential in determining whether eligible persons will participate. Variables found to be statistically significant in the probit analysis were the...
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Government intervention in the form of consumer protection is appropriate where consumers have less than the required amount of information to protect themselves, where transaction costs act to reduce consumer self-protection below acceptable levels, where consumer welfare is not sufficiently...
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