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On the microeconomics of food and malnutrition under endogenous discounting

  • Chavas, Jean-Paul

This paper explores the microeconomics and dynamics of food and nutrition. It examines the linkages between malnutrition and the incentive to invest and accumulate capital. The analysis focuses on a dynamic model where preferences about the future depend on nutrition and health. Situations of malnutrition cover both ends of the spectrum: from nutrient deficiency to obesity. The model involves preferences that are not time-additive and exhibit endogenous discounting. This provides a framework to investigate the factors affecting consumption and investment behavior. The adverse investment incentives of malnutrition are examined.

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Article provided by Elsevier in its journal European Economic Review.

Volume (Year): 59 (2013)
Issue (Month): C ()
Pages: 80-96

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Handle: RePEc:eee:eecrev:v:59:y:2013:i:c:p:80-96
DOI: 10.1016/j.euroecorev.2013.01.002
Contact details of provider: Web page: http://www.elsevier.com/locate/eer

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