The high and rapidly rising adult obesity rates in the United States, United Kingdom, Australia and New Zealand are associated with major health risks, including cardiovascular disease, diabetes, stroke, and some forms of cancer; large health care costs; and premature deaths annually. For...

The high and rapidly rising adult obesity rates in the United States, United Kingdom, Australia and New Zealand are associated with major health risks, including cardiovascular disease, diabetes, stroke, and some forms of cancer; large health care costs; and premature deaths annually. For...

Malnutrition and food deprivation, which are concentrated in poor countries, have been a long-term concern of economists, but as per capita income in developed countries has grown in the 20th century, a new problem of over-nutrition leading to obesity has occurred. This paper develops models of...