| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w27979 |
| 来源ID | Working Paper 27979 |
| The Value of Social Status | |
| Alexander W. Butler; Bruce I. Carlin; Alan D. Crane; Boyang Liu; James P. Weston | |
| 发表日期 | 2020-10-26 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We quantify the value of social status using market prices for Delaware license plates. Delaware plates are numbered sequentially, are private property, and can be legally bequeathed or traded in a secondary market. License plates offer no direct economic benefit other than authorizing the operation of a motor vehicle. But they appear to be a source of social status. Not only do market prices suggest a preference for lower plate numbers, but there exist extreme price jumps that indicate that exclusive clubs exist whereby the number of digits on the plate convey implicit membership. The aggregate value of this market indicates that people purchase status as a significant portion of their consumption bundle. Finally, social status as an asset appears to be uncorrelated with aggregate economic and market conditions. |
| 主题 | Microeconomics ; Households and Firms ; Welfare and Collective Choice |
| URL | https://www.nber.org/papers/w27979 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585652 |
| 推荐引用方式 GB/T 7714 | Alexander W. Butler,Bruce I. Carlin,Alan D. Crane,et al. The Value of Social Status. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w27979.pdf（340KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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