Data/hora: 12/06/2024 09:23:07

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: 	2010-05-01	
Ano: 	2010	
Palavras-chave: 	Addiction; Discounting; Experiments; Hyperbolic; Obesity; Time-inconsistency.; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Health Economics and Policy; Institutional and Behavioral Economics; 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/61186	
Relação: 	Agricultural and Applied Economics Association&gt;2010 Annual Meeting, July 25-27, 2010, Denver, Colorado

Selected Paper

10311	
Formato: 	41