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An Integrative Model of Rational Diet and Physical Activity: Physiological, Gastronomic and Budgetary Aspects

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Abstract

This paper constructs a model for analyzing the deviations of consumers’ diet and physical activity from their physiologically optimal ones with distinction between a nutritionally and digestively superior food and a taste and price superior food. The consideration of both diet and physical activity and the inclusion of cause-and-effect relationships of the deviations from their physiological optimal ones with ageing, craving, digestive discomfort, health-dependent budget, and non-food consumption and the consideration of intertemporarily bounded rationality adds realistic features to the analysis of rational eating.

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File URL: http://www.uow.edu.au/content/groups/public/@web/@commerce/@econ/documents/doc/uow106758.pdf
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Bibliographic Info

Paper provided by School of Economics, University of Wollongong, NSW, Australia in its series Economics Working Papers with number wp11-06.

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Length: 12 pages
Date of creation: 2011
Date of revision:
Handle: RePEc:uow:depec1:wp11-06

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Postal: School of Economics, University of Wollongong, Northfields Avenue, Wollongong NSW 2522 Australia
Phone: +612 4221-3659
Fax: +612 4221-3725
Web page: http://business.uow.edu.au/econ/index.html
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Keywords: Health; Diet; Exercising; Ageing; Craving; Budget; Bounded Rati;

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  1. Levy, Amnon, 2002. "Rational eating: can it lead to overweightness or underweightness?," Journal of Health Economics, Elsevier, vol. 21(5), pages 887-899, September.
  2. Darius Lakdawalla & Tomas Philipson, 2002. "The Growth of Obesity and Technological Change: A Theoretical and Empirical Examination," Working Papers 0203, Harris School of Public Policy Studies, University of Chicago.
  3. Levy, Amnon, 2002. "A Theory of Rational Junk-Food Consumption," Economics Working Papers wp02-11, School of Economics, University of Wollongong, NSW, Australia.
  4. Levy, Amnon, 2009. "Rational eating: A proposition revisited," Journal of Health Economics, Elsevier, vol. 28(4), pages 908-909, July.
  5. Lordan Grace & Quiggin John, 2011. "Should We Put a Thin Subsidy on the Policy Table in the Fight against Obesity?," Forum for Health Economics & Policy, De Gruyter, vol. 14(2), pages 1-13, March.
  6. Dragone, Davide, 2009. "A rational eating model of binges, diets and obesity," Journal of Health Economics, Elsevier, vol. 28(4), pages 799-804, July.
  7. Levy, Amnon, 2006. "Junk Food, Health and Productivity: Taste, Price, Risk and Rationality," Economics Working Papers wp06-22, School of Economics, University of Wollongong, NSW, Australia.
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