On limiting the market for status signals
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TLDR
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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Dissertation
Strategic lobbying and taxation choice : a political economy of trade policy analysis
TL;DR: In this article, the authors used a political economy of trade policy approach to analyze the issues of strategic lobbying and taxation choice, and found that the social welfare under the pooling equilibrium is higher than that under the separating equilibrium.
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Old Money, the Nouveau Riche and Brunhilde's Marriage Dilemma
TL;DR: In this paper, a potential bride searching for a husband may seek to screen candidates whose income is only partially observable, taking into account that she also bears part of the screening costs, she can sort candidates by offering a menu of contracts that triggers but also constrains conspicuous consumption.
Journal ArticleDOI
Bargaining under Surveillance: Evidence from a Three-Person Ultimatum Game
TL;DR: In this paper, the authors investigated how the transparency of decision-making affects preferences over distributional outcomes and found that a large majority of individuals are willing to pay for a right to monitor decision making processes despite pecuniary incentives to the contrary.
Dissertation
The personality of luxury brands: scale development and consequences
TL;DR: In this paper, a new typology of luxury brand personality was developed based on the semantic distances of the cropped up traits, a new measure was purified and calibrated using two separate luxury consumer samples.
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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