An Integrative Model of Rational Diet and Physical Activity: Physiological, Gastronomic and Budgetary Aspects

Amnon Levy

Economics Working Papers from School of Economics, University of Wollongong, NSW, Australia

Abstract: This paper constructs a model for analyzing the deviations of consumers’ diet and physical activity from their physiologically optimal ones with distinction between a nutritionally and digestively superior food and a taste and price superior food. The consideration of both diet and physical activity and the inclusion of cause-and-effect relationships of the deviations from their physiological optimal ones with ageing, craving, digestive discomfort, health-dependent budget, and non-food consumption and the consideration of intertemporarily bounded rationality adds realistic features to the analysis of rational eating.

Keywords: Health; Diet; Exercising, Ageing; Craving; Budget; Bounded Rati (search for similar items in EconPapers)
JEL-codes: D91 (search for similar items in EconPapers)
Pages: 12 pages
Date: 2011
New Economics Papers: this item is included in nep-agr
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