An Integrative Model of Rational Diet and Physical Activity: Physiological, Gastronomic and Budgetary Aspects
AbstractThis 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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Bibliographic InfoPaper provided by School of Economics, University of Wollongong, NSW, Australia in its series Economics Working Papers with number wp11-06.
Length: 12 pages
Date of creation: 2011
Date of revision:
Contact details of provider:
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
More information through EDIRC
Health; Diet; Exercising; Ageing; Craving; Budget; Bounded Rati;
Find related papers by JEL classification:
- D91 - Microeconomics - - Intertemporal Choice and Growth - - - Intertemporal Consumer Choice; Life Cycle Models and Saving
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- Grace Lordan & John Quiggin, 2011.
"Should we put a thin subsidy on the policy table in the fight against obesity-?,"
Discussion Papers Series
417, School of Economics, University of Queensland, Australia.
- 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.
- Dragone, Davide, 2009. "A rational eating model of binges, diets and obesity," Journal of Health Economics, Elsevier, vol. 28(4), pages 799-804, July.
- Levy, Amnon, 2002. "A Theory of Rational Junk-Food Consumption," Economics Working Papers wp02-11, School of Economics, University of Wollongong, NSW, Australia.
- Levy, Amnon, 2009. "Rational eating: A proposition revisited," Journal of Health Economics, Elsevier, vol. 28(4), pages 908-909, July.
- 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.
- Levy, Amnon, 2002. "Rational eating: can it lead to overweightness or underweightness?," Journal of Health Economics, Elsevier, vol. 21(5), pages 887-899, September.
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