On limiting the market for status signals
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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Piracy Versus Monopoly In the Market for Conspicuous Consumption
TL;DR: In this article, a trade-off between marginal cost and the price a monopoly would charge signal efficiently but those large gaps increase the reward to counterfeiting is discussed. But the tradeoff is not discussed.
Three Price Anomalies in the Used Car Market
TL;DR: In this paper, the authors identify three price anomalies on the used car market in The Netherlands: prices of used cars depend on their age in calendar years rather months, crossing 100,000 kilometers induces a sudden additional price reduction that may be as large as 7 percent.
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Social Status Concerns and the Political Economy of Publicly Provided Private Goods
TL;DR: In this article, the authors analyse the political economy of the public provision of private goods when individuals care about their social status, and show that status concerns motivate richer individuals to vote for the public provisi...
Essays in Consumption, Behavioral and Applied Microeconomics
TL;DR: Tobacman et al. as discussed by the authors investigated the role of performance as a source of intrinsic motivation and studied how past performance affects an individual's persistence of play in a word-hunting game.
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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