Data/hora: 12/06/2024 11:17:15

Provedor de dados: 	31	
País: 	United States	
Título: 	OBESITY AND HYPERBOLIC DISCOUNTING: AN EXPERIMENTAL ANALYSIS	
Autores: 	Richards,   Timothy J.; Hamilton,   Stephen F.; Pofahl,   Geoffrey M.	
Data: 	2011-10-10	
Ano: 	2010	
Palavras-chave: 	Addiction; Discounting; Experiments; Hyperbolic; Obesity; Time-inconsistency; Agricultural and Food Policy; Consumer/Household Economics; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Health Economics and Policy; C91; D12; D91; I18.	
Resumo: 	Behavioral economists maintain that addictions such as alcoholism, smoking and over-eating represent examples of present-bias in decision making that is fundamentally irrational. In this article, we develop a model of present bias and apparently hyperbolic discounting that is fully consistent with rational behavior. We construct an experiment to test our hypothesis and to determine whether discount rates differ for individuals who engage in behaviors that could endanger their health. Our results show that discount functions are quasi-hyperbolic in shape, and that obesity and drinking are positively related to the discount rate. Anti-obesity policy, therefore, would be best directed to informing individuals as to the long-term implications of short-term gratification, rather than taxing foods directly.	
Tipo: 	Conference Paper or Presentation	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/116410	
Relação: 	European Association of Agricultural Economists&gt;115th Joint EAAE/AAEA Seminar, September 15-17, 2010, Freising-Weihenstephan, Germany	
Formato: 	32