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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. ISSN 0047-2727.
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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 | ||||
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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: |
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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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