On limiting the market for status signals
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In this paper, the impacts of tax policy and benefits on the signalling equilibrium are considered, and the benefits of a Pareto-improving tax policy are discussed. But the authors do not consider the impact of tax on the signaling equilibrium.About:
This article is published in Journal of Public Economics.The article was published on 1994-01-01 and is currently open access. It has received 265 citations till now. The article focuses on the topics: Tax policy & Inefficiency.read more
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We are what we eat: Obesity, income, and social comparisons
TL;DR: In this paper, the authors build a theoretical model combining income inequality and social comparisons to explain the link between income and obesity and study tax policy implications for fighting obesity, and suggest the existence of a Kuznets curve for obesity, in accordance with empirical evidence.
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Lone No More: the Sociable Ethical Consumer
TL;DR: Lee et al. as discussed by the authors studied members of a self-defined ethically conscious consumer group, BORA, in South Korea and found that members of the group have nuanced understandings of ethical consumption shared by the group, and that the social tie made by participating in voluntary associations is a potential source of motivation to take action.
OtherDOI
The Socio-economics of Consumption: Solutions to the Problems of Interest, Knowledge and Identity
TL;DR: A review of the socio-economic literature on consumption can be found in this paper, where the authors examine how consumption solves the problems of interest, knowledge, and identity of individuals.
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Image Concerns and the Political Economy of Publicly Provided Private Goods
TL;DR: In this paper, the authors analyze the political economy of the public provision of private goods when individuals care about their social image, and they show that image concerns motivate richer individuals to vote for the public goods they themselves buy in markets, the reason being that a higher provision level attracts more individuals to the public system.
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An Economic Model of Welfare Stigma
TL;DR: In this paper, the authors model the negative self-characterizations of welfare recipients as a form of social stigma, and use a utility maximization model to predict the impact of welfare programs on the low-income population.
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Are Workers Paid their Marginal Products
TL;DR: In this paper, the authors examine a variety of empirical evidence that relates to this proposition about the firm's internal wage structure and conclude that the competitive wage structure within a firm must be one in which individual wage differences understate individual differences in marginal products.
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Public provision of private goods and the redistribution of income
Timothy Besley,Stephen Coate +1 more