EAN: 9783631593387

ECONOMIC ASPECTS AND IMPLICATIONS OF OBESITY - ...

This book is concerned with the economic consequences of the rising obesity prevalence in
affluent societies. A microeconomic model describing food consumption from the perspective of
the individual consumer is developed. To maximise utility over lifetime  the marginal costs of
food consumption must be adapted to the level of prices and to variations in the metabolic
rate. This result holds independently of the weight status category and of the level of
health-consciousness. Furthermore  extensions relevant to food overconsumption are introduced:
The influence of diet composition and the rate of time preference  as well as the incorporation
of addictive aspects and dynamic inconsistency. The theoretical framework is substantiated with
an empirical analysis  and the implications for health insurance schemes - namely the
differentiation of premiums by risk - are discussed.

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