Ny tidsskriftsartikel: Conspicuous Consumption in the United States and China

CBS, Økonomisk Institut ved Assistant Professor David Jinkins og kolleger har udarbejdet et ny tidsskriftsartikel i Journal of Economic Behavior & Organization. Artiklen Conspicuous Consumption in the United States and China omhandler (på engelsk): How do differences in the motive for conspicuous consumption in the United States and China affect the incidence of taxes in those countries? In this paper I develop a model of conspicuous consumption in which a consumer cares not only about the direct utility she receives from consumption, but also about the way her consumption pattern affects her peer group's belief about her well-being.

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