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ON LIMITING THE MARKET FOR STATUS SIGNALS

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UNSPECIFIED (1994) ON LIMITING THE MARKET FOR STATUS SIGNALS. JOURNAL OF PUBLIC ECONOMICS, 53 (1). pp. 91-110.

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Abstract

In many societies, individuals care how others view them. In their efforts to impress, such individuals engage in consumption signals which attempt to establish higher levels of status than their true status type. This leads to an inefficiency which offers the possibility of a Pareto-improving tax policy. The impacts of tax policy and benefits on the signalling equilibrium are considered.

Item Type: Journal Article
Subjects: H Social Sciences > HC Economic History and Conditions
Journal or Publication Title: JOURNAL OF PUBLIC ECONOMICS
Publisher: ELSEVIER SCIENCE SA LAUSANNE
ISSN: 0047-2727
Official Date: January 1994
Dates:
DateEvent
January 1994UNSPECIFIED
Volume: 53
Number: 1
Number of Pages: 20
Page Range: pp. 91-110
Publication Status: Published

Data sourced from Thomson Reuters' Web of Knowledge

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