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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP17306 |
DP17306 Heterogenous Peer Effects: How Community Connectivity Affects Car Purchases | |
Joshua Shemesh; Fernando Zapatero; Yves Zenou | |
发表日期 | 2022-05-14 |
出版年 | 2022 |
语种 | 英语 |
摘要 | We show that the intensity of "keeping up with the Joneses" behavior is largely determined by the extent to which a community is socially connected. Using a unique dataset on car purchases in Southern California, we find that social influence intensifies in suburban communities in which neighbors are likely to know each other well. The effect of connected communities is particularly apparent in higher price segments and cannot be fully explained by word-of-mouth as it spills across car makes. Our findings suggest that positional externalities from the consumption of visible status goods are higher in closer-knitted social networks. |
主题 | Industrial Organization |
关键词 | Conspicuous consumption Neighbor effects Population density Tight-knit community |
URL | https://cepr.org/publications/dp17306 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/546335 |
推荐引用方式 GB/T 7714 | Joshua Shemesh,Fernando Zapatero,Yves Zenou. DP17306 Heterogenous Peer Effects: How Community Connectivity Affects Car Purchases. 2022. |
条目包含的文件 | 条目无相关文件。 |
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