Results 131 to 140 of about 22,709 (164)
Synthesizing Spectral and Field Observations of Post-fire Conifer Recovery in Dry Conifer Forests. [PDF]
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Conspicuous ethics: a Veblen effect condition for ethical consumption goods
Applied Economics Letters, 2020This paper considers a class of ethical consumers who are characterized by price dependent preferences.
Pascal Stiefenhofer, Wei Zhang
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Well‐being and Affluence in the Presence of a Veblen Good
The Economic Journal, 2009The happiness literature has established that, in the developed countries, increasing affluence has not increased well-being in recent decades. We seek an explanation for this in terms of conspicuous consumption, a phenomenon originally identified by Veblen. We develop some simple general equilibrium models that incorporate a Veblen good, among others.
B. Curtis Eaton, Mukesh Eswaran
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The 2021 Veblen-Commons Award Recipient: Deborah M. Figart: Good Work
Journal of Economic Issues, 2021COVID-19 has exposed underlying weaknesses in the economy, including the political economic institutions structuring work.
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Veblen goods and urban distinction: The economic geography of conspicuous consumption
Journal of Regional Science, 2018AbstractA fundamental observation of 21st century cities is that they have become great centers of consumption. In this paper, we seek to understand the geographic variation in consumer behavior. Using Consumer Expenditure Survey (CE), we analyze how consumption differs across 21 major U.S.
Elizabeth Currid‐Halkett +2 more
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Veblen Goods and Neighborhoods: Endogenizing Consumption Reference Groups [PDF]
One of the significant developments in the last four decades of economics is the growing empirical evidence that individual consumption preferences, as mea- sured by self-reported life satisfaction, are neither fixed nor self-centred but are instead overwhelmingly dominated by externalities, partly in the form of reference levels set by others and by ...
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The Concept of Sacramental Goods: Addressing Veblen's Critique of Liturgy
Studia LiturgicaLiturgy invites participants to partake in spiritual goods that are also economic commodities. This article explores the liturgical significance of these commodities through the lens of Veblenian thought. Thorstein Veblen argues that consumption of positional or inherently limited goods signifies predatory status, and that liturgy similarly uses such ...
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Veblen effect, search for status goods, and negative utility of conspicuous leisure. [PDF]
When expected savings on purchases are greater than the wage rate, the optimal search results in the negative marginal utility of leisure. The search transforms the classical backward bending effect and the leisure becomes complementary to the search. Consumers compensate “bad” leisure by status goods of exceptional quality on markets with high price ...
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Civilizing capitalism: “good” and “bad” greed from the enlightenment to Thorstein Veblen (1857-1929) [PDF]
"As we look over the country today we see two classes of people. The excessively rich and the abject poor, and between them is a gulf ever deepening, ever widening, and the ranks of the poor are continually being recruited from a third class, the well-to-do, which class is rapidly disappearing and being absorbed by the very poor." Milford Wriarson ...
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