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Obesity and the Rate of Time Preference: Is there a Connection? Author info | Abstract | Publisher info | Download info | Related research | Statistics Komlos, John
Smith, Patricia K.
Bogin, Barry
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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 2003Date of revision:
Handle: RePEc:lmu:muenec:60Contact details of provider: Postal: Ludwigstraße 28, D-80539 Munich, Germany Phone: +49-(0)89-2180-2107 Fax: +49-(0)89-2180-3510 Web page: http://www.vwl.uni-muenchen.de More information through EDIRC
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Keywords: time preference ; obesity ; Other versions of this item:
Find related papers by JEL classification: I12 - Health, Education, and Welfare - - Health - - - Health Production
This paper has been announced in the following NEP Reports :
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