On the microeconomics of food and malnutrition under endogenous discounting
Jean-Paul Chavas ()
European Economic Review, 2013, vol. 59, issue C, 80-96
Abstract:
This paper explores the microeconomics and dynamics of food and nutrition. It examines the linkages between malnutrition and the incentive to invest and accumulate capital. The analysis focuses on a dynamic model where preferences about the future depend on nutrition and health. Situations of malnutrition cover both ends of the spectrum: from nutrient deficiency to obesity. The model involves preferences that are not time-additive and exhibit endogenous discounting. This provides a framework to investigate the factors affecting consumption and investment behavior. The adverse investment incentives of malnutrition are examined.
Keywords: Food; Nutrition; Discounting; Investment (search for similar items in EconPapers)
JEL-codes: D1 D9 O12 Q1 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eecrev:v:59:y:2013:i:c:p:80-96
DOI: 10.1016/j.euroecorev.2013.01.002
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