Framing Obesity in Economic Theory and Policy
AbstractWhile obesity is a growing problem that entails considerable costs, its causes for individuals are not yet well understood in economic terms. Three explanatory approaches are explored: obesity as a rational decision pursued by the individual, obesity as a problem of too little information and obesity as the result of a weak will. While the recent rise in obesity can be explained rationally by a changed environment, information deficiencies and akrasia contribute to explaining its frequency. If the state intervenes, a fat tax carries much higher allocative losses than taxing overweight directly.
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Bibliographic InfoPaper provided by International Association of Agricultural Economists in its series 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia with number 25619.
Date of creation: 2006
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Welfare economics; second-order preferences; health economics; Health Economics and Policy;
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- Jon D. Wisman & Kevin Capehart, 2009. "Creative Destruction, Economic Insecurity, Stress and Epidemic Obesity," Working Papers 2009-13 JEL classificatio, American University, Department of Economics.
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