Asymmetries in cross-price elasticities have been demonstrated by several empirical studies, but received little attention by the theoretical literature. In this paper we study from a theoretical stance how introducing asymmetry in the substitution effects influences the sustainability of...

The increasing concern of the policy maker about eating behaviour has focused on the spread of obesity and on the evidence of people dieting despite being underweight. As the latter behaviour is often attributed to the social pressure to be thin, some governments have already taken actions to...