{"id":1122,"date":"2021-11-22T14:04:16","date_gmt":"2021-11-22T06:04:16","guid":{"rendered":"https:\/\/fanyuzhao.com\/?p=1122"},"modified":"2022-03-02T16:52:16","modified_gmt":"2022-03-02T08:52:16","slug":"cl-and-good-bad-consumption","status":"publish","type":"post","link":"https:\/\/fanyuzhao.com\/?p=1122","title":{"rendered":"C(L) and Good-Bad Consumption"},"content":{"rendered":"\n<p>22nd Nov 2021<\/p>\n\n\n\n<p>People have less time to consume, thus consumption needs to be more effective, which links to the idea of the good-bad good.<\/p>\n\n\n\n<p>People consume affordable goods. People from the less wealthy areas can only afford bad goods. However, with credits available, people prefer to consume high-quality goods. That logic constructs the relationship between credit availability and preference for high-quality goods.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>22nd Nov 2021 People have less time to consume, thus consumption needs to be more effective, which links to the idea of the good-bad good. People consume affordable goods. People from the less wealthy areas can only afford bad goods. However, with credits available, people prefer to consume high-quality goods. That logic constructs the relationship &hellip; <a href=\"https:\/\/fanyuzhao.com\/?p=1122\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">C(L) and Good-Bad Consumption<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=\/wp\/v2\/posts\/1122"}],"collection":[{"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1122"}],"version-history":[{"count":5,"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=\/wp\/v2\/posts\/1122\/revisions"}],"predecessor-version":[{"id":1127,"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=\/wp\/v2\/posts\/1122\/revisions\/1127"}],"wp:attachment":[{"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fanyuzhao.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}