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In this paper, we analyze the long-term distributive impact of climate change through rising food prices. We use a standard incomplete markets model and account for non-linear Engel curves for food consumption. For the calibration of our…

General Economics · Economics 2023-10-31 Alkis Blanz

Recent increases in basic food prices are severely impacting vulnerable populations worldwide. Proposed causes such as shortages of grain due to adverse weather, increasing meat consumption in China and India, conversion of corn to ethanol…

General Finance · Quantitative Finance 2011-09-23 Marco Lagi , Yavni Bar-Yam , Karla Z. Bertrand , Yaneer Bar-Yam

World food supply is crucial to the well-being of every human on the planet in the basic sense that we need food to live. It also has a profound impact on the world economy, international trade and global political stability. Furthermore,…

Physics and Society · Physics 2013-09-04 H. G. J. van Mil , E. A. Foegeding , E. J. Windhab , N. Perrot , E. van der Linden

Rapid increases in food supplies have reduced global hunger, while rising burdens of diet-related disease have made poor diet quality the leading cause of death and disability around the world. Today's "double burden" of undernourishment in…

General Economics · Economics 2023-04-18 William A. Masters , Amelia B. Finaret , Steven A. Block

Background: Transitions towards healthier, more environmentally sustainable diets would require large shifts in consumption patterns. Cost and affordability can be barriers to consuming healthy, sustainable diets. Objective: This study…

We propose a highly schematic economic model in which, in some cases, wage inequalities lead to higher overall social welfare. This is due to the fact that high earners can consume low productivity, non essential products, which allows…

General Economics · Economics 2020-04-22 Jean-Philippe Bouchaud

There are clear benefits associated with a particular consumer choice for many current markets. For example, as we consider here, some products might carry environmental or `green' benefits. Some consumers might value these benefits while…

General Finance · Quantitative Finance 2008-12-02 Gérard Weisbuch , Vincent Buskens , Luat Vuong

Feeding a larger and wealthier global population without transgressing ecological limits is increasingly challenging, as rising food demand (especially for animal products) intensifies pressure on ecosystems, accelerates deforestation, and…

Theoretical Economics · Economics 2025-10-17 Moretti Elia , Loreau Michel , Benzaquen Michael

Models that explain the economical and political realities of nowadays societies should help all the world's citizens. Yet, the last four years showed that the current models are missing. Here we develop a dynamical society-deciders model…

Physics and Society · Physics 2011-12-02 Ophir Flomenbom

Income inequality and redistribution policies are modeled with a minimal, endogenous model of a simple foraging economy. Significant income inequalities emerge from the model for populations of equally capable individuals presented with…

Physics and Society · Physics 2024-11-21 John C. Stevenson

We consider a three-level food chain in which an epidemics affects the intermediate population. Two models are presented, respectively either allowing for unlimited food supply for the bottom prey, or instead assuming for it a logistic…

Dynamical Systems · Mathematics 2014-04-07 Lorenzo Bramante , Simone Maiolo , Ezio Venturino

With exponential growth in the human population, it is vital to conserve natural resources without compromising on producing enough food to feed everyone. Doing so can improve people's livelihoods, health, and ecosystems for the present and…

Machine Learning · Computer Science 2022-09-16 Fiona Victoria Stanley Jothiraj

The following measures against unemployment are proposed: In the short term, to promote greater income for the poorest sectors. It is shown that this can be paid with the resulting increased production, without losing income to the other…

Economics · Quantitative Finance 2017-08-23 Thomas Pedro Eggarter

Social unrest may reflect a variety of factors such as poverty, unemployment, and social injustice. Despite the many possible contributing factors, the timing of violent protests in North Africa and the Middle East in 2011 as well as…

Physics and Society · Physics 2011-08-12 Marco Lagi , Karla Z. Bertrand , Yaneer Bar-Yam

Rising inequalities around the globe bring into question our economic systems and the origin of such inequalities. Here we propose a toy agent-based model where each entity is simultaneously producing and consuming indivisible goods. We…

Disordered Systems and Neural Networks · Physics 2024-05-29 Nirbhay Patil , Jean-Philippe Bouchaud

In economics, there are many ways to describe the interaction between a "seller" and a "buyer". The most common one, with which we interact almost every day, is selling for a fixed price. This option is perfect for selling a mass product,…

General Finance · Quantitative Finance 2024-07-10 O. A. Malafeyev , I. E. Khomenko

A simple heuristic model, including the multiple exchanges between economic agents, is used to explain the mechanism of emerging and maintenance of social inequality in the market economy. The model allows calculating a density function of…

Biological Physics · Physics 2023-03-16 Vladimir Pokrovskii

It is still common wisdom amongst economists, politicians and lay people that economic growth is a necessity of our social systems, at least to avoid distributional conflicts. This paper challenges such belief moving from a purely physical…

General Economics · Economics 2020-05-11 Angelo Tartaglia

This paper investigates whether climate-friendly food products command a price premium in consumer markets. Using product-level data from a supermarket in Sweden, we examine the relationship between front-of-package climate impact scores…

General Economics · Economics 2025-07-15 Voraprapa Nakavachara , Chanon Thongtai , Thanarat Chalidabhongse , Chanathip Pharino

Economies grow by upgrading the type of products they produce and export. The technology, capital, institutions and skills needed to make such new products are more easily adapted from some products than others. We study the network of…

General Finance · Quantitative Finance 2009-11-13 C. A. Hidalgo , B. Klinger , A. -L. Barabasi , R. Hausmann
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