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Common Nutritional Deficiencies In The Three Richest Versus The Poorest Countries In The World: Why Are They Similar Or Different?, Ginger Ann Bailey May 2007

Common Nutritional Deficiencies In The Three Richest Versus The Poorest Countries In The World: Why Are They Similar Or Different?, Ginger Ann Bailey

Undergraduate Honors Capstone Projects

Over one billion people suffer from nutritional deficiencies, and they reside in both the poorest and the richest countries in the world. What needs to be determined is if the deficiencies are similar or different, and most importantly why. By learning what nutritional deficits exist in these countries and why they occur, we are then able to create appropriate interventions in order to improve the nutritional status of populations worldwide.


Consumption, Time Preference, And The Life Cycle, Michael Charles Bailey May 2007

Consumption, Time Preference, And The Life Cycle, Michael Charles Bailey

Undergraduate Honors Capstone Projects

This paper presents two life-cycle models of consumption implementing novel assumptions about time preference and subjective time. The goal of this paper is to investigate implications of the existence of subjective time to consumption decisions over the life cycle. The first model is a model of 'systematic impatience' and implements the assumption of increasing subjective time by specifying a time dependent rate of time preference upon which the rational consumers in this model maximize lifetime utility. The second model investigates consumer behavior in subjective time, or the subjective sense of the actual passage of time. Consumers in this model maximize …