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Hyperbolic discounting, the sign effect, and the body mass index
Abstract
Analysis of a broad survey of Japanese adults confirms that time discounting relates to body weight, not only via impatience, but also via hyperbolic discounting, proxied by inclination toward procrastination, and the sign effect, where future negative payoffs are discounted at a lower rate than future positive payoffs. Body mass index is positively associated with survey responses indicative of impatience and hyperbolic discounting, and negatively associated with those indicative of the sign effect. A one-unit increase in the degree of procrastination is associated with a 2.81 percentage-point increase in the probability of being obese. Subjects exhibiting the sign effect show a 3.69 percentage-point lower probability of being obese and a 4.02 percentage-point higher probability of being underweight than those without the sign effect. These effects are substantial compared with the prevalence rates of the corresponding body mass status. Obesity and underweight thus result in part from the temporal decision biases.
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“Yet, another study found a positive correlation between BMI and hyperbolic discounting, whereby future negative payoffs are discounted less than future positive payoffs (103).”
From Obesity and addiction: Neurobiological overlaps (2013) · cites this paper as [103]
In the citing paper
“And more recently, another study found a positive correlation between BMI and hyperbolic discounting, whereby future negative payoffs are discounted less than future positive payoffs (Ikeda et al 2010).”
From Food and Drug Reward: Overlapping Circuits in Human Obesity and Addiction (2011) · cites this paper as Ikeda et al 2010
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Metadata
- Authors
- Ikeda, S., Kang, M.-I., & Ohtake, F.
- Affiliations
- Institute of Social and Economic Research, The University of Osaka (JP)
- Korea University (KR)
- Corresponding author
- Ikeda, Shinsuke
- Venue
- Journal of Health Economics
- Publisher
- Elsevier BV
- Published
- 2010-03
- Volume
- 29
- Issue
- 2
- Pages
- 268-284
- ISSN
- 0167-6296 (ISSN-L)
- OpenAlex
- W2042777782
- Cited by
- 205
- References
- 38
- Citations by year
- 2026: 12 · 2025: 11 · 2024: 9 · 2023: 15 · 2022: 8 · 2021: 11 · 2020: 11 · 2019: 10 · 2018: 21 · 2017: 10 · 2016: 21 · 2015: 15 · 2014: 14 · 2013: 11 · 2012: 9
- FWCI
- 7.83
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Journal of Health Economics (publishedVersion)
- PubMed (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Funders
- Japan Society for the Promotion of Science
- Ministry of Education, Culture, Sports, Science and Technology
- Osaka University (1214207, 21330046)
- Topics
- Social Sciences › Decision Sciences › General Decision Sciences › Decision-Making and Behavioral Economics
- Health Sciences › Medicine › Public Health, Environmental and Occupational Health › Obesity, Physical Activity, Diet
- Social Sciences › Economics, Econometrics and Finance › Finance › Financial Literacy, Pension, Retirement Analysis
- Keywords
- hyperbolic discounting, delay discounting, sign effect, procrastination, impatience, body mass index, obesity, underweight, Japanese adults
- MeSH terms
- Adult, Choice Behavior, Decision Making, Feeding Behavior, Female, Humans, Japan, Male, Obesity, Regression Analysis, Sex Factors, Temperament, Thinness, Time Factors, Body Mass Index
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