G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Conspicuous Consumption, Social Status and Clubs
Fernando Jaramillo; Hubert Kempf; Fabien Moizeau
发表日期2000
出处Economy and Society
出版年2000
语种英语
摘要The paper develops a signalling theory of conspicuous consumption where the drive toward spending on an otherwise unuseful good comes from the desire to enter clubs and benefit from the provision of club good financed by members of a club and from a social status effect. Individual incomes are unobserved and admission to a club is based on the inference of an individual's capacity to contribute to the public good. By entering in a club, individuals also gain a certain social status. This inference in turn is based on the signal emitted by spending on a conspicuous good. Because of the joint incentives of club good and social status, people may be induced to overspend in the conspicuous good. We characterise both the pooling equilibria and the separating equilibria of the signalling game played by individuals. We then ask whether taxation can be Pareto-improving and which tax scheme would be chosen by the median voter in this society
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/conspicuous-consumption-social-status-and-clubs/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/116551
推荐引用方式
GB/T 7714
Fernando Jaramillo,Hubert Kempf,Fabien Moizeau. Conspicuous Consumption, Social Status and Clubs. 2000.
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