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CHAPTER II Diangeple
CHAPTER II Diangeple
Relevant theories
The present study was conceived through Amnon Levy (2002) A Theory of
Rational Junk Food Consumption and Hashemi (2010) A Theory of Random Lifetime
Levy Theory of Rational Junk Food Consumption explained that, The effect of
junk food on the individual valuation of health is clear. The rationale for the negative
effect of health on the shadow value of health is that when health is more abundant its
value for the individual is less important. That is people attach a higher value to health
when their health condition is bad than when their health condition is good. As can be
seen from Eq. the adverse effects of junk-food consumption and health on the rate of
change of the shadow value of the individual health are amplified by the sensitivity of
health to junk food and moderated by the elasticity of the individual satisfaction from
food consumption. The adverse effect of health on the rate of change of the shadow value
of health is further amplified by the full capacity income which could be obtained by a
Another theory that has relevance on health of children, who concern is Hashemi
The direct effects of changes in the prospects of survival and the relative price of junk
food on the RLR junk-food consumption are given by differentiating Eq. with respect to
and , respectively. Recalling Eq. These direct effects on junk food consumption affect the
individual’s age-adjusted health at a rate of which, by virtue of Eq also affects junk food
consumption. The full effects of changes in the prospects of survival and the relative
price of junk food on the RLR junk-food consumption are equal to the sum of these
direct and indirect effects can be seen from Eq. and assumptions 1 and 3, the adverse
effect of age on survival has a direct moderating effect on the RLR junk-food
consumption over time. However, this decline in consumption of junk food improves the
individual’s age-adjusted health and hence indirectly changes the RLR junk-food
consumption