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On the microeconomics of food and malnutrition under endogenous discounting |
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| Affiliation: | 1. University of Toulouse, Faculty of Law, 2 rue du Doyen Gabriel Marty, 31042 Toulouse Cedex 9, France;2. Laboratory of Production Engineering (LGP), EA 1905, ENIT-INPT University of Toulouse, 47 Avenue d''Azereix, BP 1629, 65016, Tarbes Cedex, France;3. Centre for Food and Taste Sciences (CSGA), UMR 6265 CNRS, UMR 1324 INRA, University of Bourgogne, 9 E Boulevard Jeanne d''Arc, 21000 Dijon, France;1. University of Basel, Switzerland;2. University of Lausanne, Switzerland;1. U.S. Department of Justice, United States;2. Johnson Graduate School of Management, Cornell University, United States |
| 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. |
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