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Economic Aspects and Implications of Obesity
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Economic Aspects and Implications of Obesity

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Book Details

Format Hardback or Cased Book
ISBN-10 3631593384
ISBN-13 9783631593387
Edition New
Publisher Peter Lang AG
Imprint Peter Lang AG
Country of Manufacture DE
Country of Publication GB
Publication Date Sep 29th, 2009
Print length 274 Pages
Weight 516 grams
Dimensions 15.60 x 21.70 x 2.10 cms
Ksh 12,800.00
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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.
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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