Ítem
Solo Metadatos

Conspicuous consumption and social segmentation

Título de la revista
Autores
Jaramillo Mejía, Fernando
Moizeau, Fabien

Fecha
2003-01-31

Directores

ISSN de la revista
Título del volumen
Editor
John Wiley & Son
Blackwell Publishing

Buscar en:

Métricas alternativas

Resumen
Abstract
This paper develops the idea that conspicuous consumption has an impact on social segmentation, i.e., on the partition of the society into communities. Even though agents do not value conspicuous goods per se, they are competing in a signalling race in order to benefit from social interactions within a community. First, we study the equilibria of this model defining the optimal strategies and the equilibrium partition that characterizes pooling and separating equilibria. In a second step, as conspicuous consumption is a pure waste of money, we study a possible Pareto–improving taxation policy.
Palabras clave
Keywords
Consumer Economics , Theory , Asymmetric and private information , Mechanism design , Social choice , Clubs , Committees , Associations , Economic sociology , Economic anthropology , Language , Social and economic stratification
Buscar en:
Colecciones