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Obesity and nutrient consumption : a rational addiction?
Richards, Timothy J.; Patterson, Paul M.; Tegene, Abebayehu - In: Contemporary economic policy : a journal of Western … 25 (2007) 3, pp. 309-324
Persistent link: https://www.econbiz.de/10003743217
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Obesity and hyperbolic discounting : an experimental analysis
Richards, Timothy J.; Hamilton, Stephen F. - In: Journal of agricultural and resource economics : JARE ; … 37 (2012) 2, pp. 181-198
Persistent link: https://www.econbiz.de/10009675261
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Obesity and Hyperbolic Discounting: An Experimental Analysis
Richards, Timothy J.; Hamilton, Stephen F. - In: Journal of Agricultural and Resource Economics 37 (2012) 2
Models of rational addiction suggest that obesity is consistent with time-consistent preferences. Behavioral economists …
Persistent link: https://www.econbiz.de/10010918108
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OBESITY AND HYPERBOLIC DISCOUNTING: AN EXPERIMENTAL ANALYSIS
Richards, Timothy J.; Hamilton, Stephen F.; Pofahl, … - European Association of Agricultural Economists - EAAE; … - 2010
Behavioral economists maintain that addictions such as alcoholism, smoking and over-eating represent examples of present-bias in decision making that is fundamentally irrational. In this article, we develop a model of present bias and apparently hyperbolic discounting that is fully consistent...
Persistent link: https://www.econbiz.de/10009368362
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Obesity and Nutrient Consumption: A Rational Addiction?
Richards, Timothy J.; Patterson, Paul M.; Tegene, Abebayehu - Morrison School of Agribusiness & Resource Management, … - 2004
consumers tend to overeat in spite of somewhat obvious future health implications. This study tests for an addiction to food … applied to household scanner data to test a multivariate version of the rational addiction model of Becker and Murphy and … Chaloupka. We find evidence of a rational addiction to all nutrients protein, fat and carbohydrates as well as to sodium, but …
Persistent link: https://www.econbiz.de/10005060710
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Fast Food, Addiction, and Market Power
Richards, Timothy J.; Patterson, Paul M.; Hamilton, … - In: Journal of Agricultural and Resource Economics 32 (2007) 03
Many attribute the rise in obesity since the early 1980's to the overconsumption of fast food. A dynamic model of a different-product industry equilibrium shows that a firm with market power will price below marginal cost in a steady-state equilibrium. A spatial hedonic pricing model is used to...
Persistent link: https://www.econbiz.de/10005525402
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Obesity and Hyperbolic Discounting: An Experimental Analysis
Richards, Timothy J.; Hamilton, Stephen F.; Pofahl, … - Agricultural and Applied Economics Association - AAEA - 2010
Behavioral economists maintain that addictions such as alcoholism, smoking and over-eating represent examples of present-bias in decision making that is fundamentally irrational. In this article, we develop a model of present bias and apparently hyperbolic discounting that is fully consistent...
Persistent link: https://www.econbiz.de/10009020464