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Rational Non-addictive Eating: Cycles, Overweightness, and Underweightness

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Author Info
Levy, A. () (University of Wollongong)

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Abstract

Although a deviation from the physiologically optimal weight increases the probability of dying, the steady state for a lifetime expected-utility maximiser is a state of overweightness. However, even a small initial deviation from this rationally stationary weight is followed by explosive oscillations. These oscillations might lead to severe and chronic underweightness in a late stage of life. In the presence of socio-cultural norms of appearance, the rationally stationary weight of fat people is lower than otherwise and the rationally stationary weight of lean people is greater than otherwise.

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File URL: http://www.uow.edu.au/content/groups/public/@web/@commerce/@econ/documents/doc/uow012099.pdf
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Publisher Info
Paper provided by School of Economics, University of Wollongong, NSW, Australia in its series Economics Working Papers with number wp00-07.

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Length: 17 pages
Date of creation: 2000
Date of revision:
Handle: RePEc:uow:depec1:wp00-07

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Postal: School of Economics, University of Wollongong, Northfields Avenue, Wollongong NSW 2522 Australia
Phone: +612 4221-3663
Fax: +612 4221-3725
Web page: http://www.uow.edu.au/commerce/econ/
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Related research
Keywords: Rational eating; cycles;

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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