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Obesity and the Rate of Time Preference: Is there a Connection?

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Author Info
Komlos, John
Smith, Patricia K.
Bogin, Barry

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Abstract

We hypothesize that recent trends in U.S. and worldwide obesity are, in part, related to an increase in the marginal rate of time preference, where time preference refers to the rate at which people are willing to trade current benefit for future benefit. The higher the rate of time preference, the larger is the factor by which individuals discount the future health risks associated with current consumption. Data from the United States, as well as international evidence, suggests that a relationship between these two variables is plausible. We encourage researchers to explore the possible link between obesity and time preference, as important insights are likely to result.

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Paper provided by University of Munich, Department of Economics in its series Discussion Papers in Economics with number 60.

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Date of creation: Jul 2003
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Handle: RePEc:lmu:muenec:60

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Keywords: time preference obesity

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I12 - Health, Education, and Welfare - - Health - - - Health Production

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  1. Komlos, John & Lauderdale, Benjamin E., 2006. "Underperformance in affluence: the remarkable relative decline in American heights in the second half of the 20th-century," Discussion Papers in Economics 1241, University of Munich, Department of Economics. [Downloadable!]
  2. Vincenzo Atella & Noemi Pace & Daniela Vuri, 2008. "Are employers discriminating with respect to weight? European Evidence using Quantile Regression," CEIS Research Paper 123, Tor Vergata University, CEIS, revised 14 Jul 2008. [Downloadable!]
    Other versions:
  3. Borghans,Lex & Golsteyn,Bart H.H., 2005. "Time Discounting and the Body Mass Index," Research Memoranda 006, Maastricht : ROA, Research Centre for Education and the Labour Market. [Downloadable!]
    Other versions:
  4. Joan Costa-Font & Joan Gil, 2004. "Social interactions and the contemporaneous determinants of individuals' weight," Applied Economics, Taylor and Francis Journals, vol. 36(20), pages 2253-2263, November. [Downloadable!] (restricted)
    Other versions:
  5. Joan Costa-Font & Daniele Fabbri & Joan Gil, 2008. "Decomposing Cross-Country Gaps in Obesity and Overweight: Does the Social Environment Matter?," Working Papers in Economics 205, Universitat de Barcelona. Espai de Recerca en Economia. [Downloadable!]
  6. Jaume Garcia & Climent Quintana, 2008. "Income and Body Mass Index in Europe," Economic Reports 13-08, FEDEA. [Downloadable!]
    Other versions:
  7. Joan Costa Font & Joan Gil Trasfi, 2005. "Obesity and the Incidence of Chronic Diseases: a Seemingly Unrelated Probit Approach," Working Papers in Economics 137, Universitat de Barcelona. Espai de Recerca en Economia. [Downloadable!]
  8. Komlos, John & Lauderdale, Benjamin E., 2004. "Spatial Correlates of U.S. Heights and BMIs, 2002," Discussion Papers in Economics 466, University of Munich, Department of Economics. [Downloadable!]
  9. Heather Bednarek & Thomas Jeitschko & Rowena Pecchenino, 2006. "Gluttony and Sloth: Symptoms of Trouble or Signs of Bliss? A Theory of Choice in the Presence of Behavioral Adjustment Costs," Contributions to Economic Analysis & Policy, Berkeley Electronic Press, vol. 5(1), pages 1507-1507. [Downloadable!] (restricted)
  10. Stephanie Von Hinke Kessler Scholder, 2007. "Maternal Employment and Overweight Children: Does Timing Matter?," Health, Econometrics and Data Group (HEDG) Working Papers 07/12, HEDG, c/o Department of Economics, University of York. [Downloadable!]
    Other versions:
  11. Komlos, John & Baur, Marieluise, 2003. "From the Tallest to (One of) the Fattest: The Enigmatic Fate of the American Population in the 20th Century," Discussion Papers in Economics 76, University of Munich, Department of Economics. [Downloadable!]
    Other versions:
  12. Inas Rashad & Sara Markowitz, 2007. "Incentives in Obesity and Health Insurance," NBER Working Papers 13113, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  13. Philippe Mahler, 2007. "I'm not fat, just too short for my weight - Family Child Care and Obesity in Germany," Working Papers 0707, University of Zurich, Socioeconomic Institute. [Downloadable!]
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