Optimal food allocation in a slave economy
We propose a model of food allocation in an economy in which property rights exist in human beings. We assume that a slave-owner allocates food over the slave's lifetime so as to maximise his own wealth. The slave's productive capacity is determined endogenously by food consumption. Food allotment during childhood and adolescence determines productive capacity over the life course. The slave owner chooses optimal time paths of food allotment in light of the contribution food makes to both the level and growth of physical capacity, as a function of the price of food and of the value of the slave's productivity. Though conceived for an economy in which property rights exist in human beings, the model can be modified so as to apply to resource allocation within a household economy in which parents provide both nourishment and schooling for their children, in order to enhance their current or future productivity. Copyright Springer-Verlag Berlin Heidelberg 2003
Volume (Year): 16 (2003)
Issue (Month): 1 (02)
|Contact details of provider:|| Web page: http://www.springer.com|
More information through EDIRC
|Order Information:||Web: http://www.springer.com/economics/population/journal/148/PS2|
When requesting a correction, please mention this item's handle: RePEc:spr:jopoec:v:16:y:2003:i:1:p:21-36. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla)or (Rebekah McClure)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.