Rational agents might be overweight, underweight, or the physiologically optimal weight

C-Tier
Journal: Economics Letters
Year: 2022
Volume: 210
Issue: C

Score contribution per author:

0.505 = (α=2.02 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Levy (2002) and Dragone (2009) showed that rational agents tend to become overweight. Their result is shown to be equivalent to an assumption placed on the instantaneous utility function, and their model is shown to admit multiple steady states, including being underweight.

Technical Details

RePEc Handle
repec:eee:ecolet:v:210:y:2022:i:c:s0165176521004560
Journal Field
General
Author Count
2
Added to Database
2026-01-25