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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What Does Happiness Research Tell Us About Taxation
TL;DR: The authors analyzes the consequences of happiness research for taxation and finds that happiness depends on status as well as income, examining how adding status concerns to standard optimal tax models changes the results.
Journal ArticleDOI
Social organization, status, and savings behavior
Giacomo Corneo,Olivier Jeanne +1 more
TL;DR: In this article, the authors developed a model of status seeking in the presence of incomplete information and derived its implications for aggregate savings and showed that under incomplete information, social segmentation weakens the incentive to strive for greater status.
Journal ArticleDOI
Status-seeking, income taxation and efficiency
TL;DR: In this article, the authors extend a model of status, which relies on a signalling equilibrium approach, to include the individual labour supply decision and an income tax, and show that a Pareto-improving income tax can exist even with the simplest tax/benefit scheme.
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Buying Status: Experimental Evidence on Status in Negotiation
TL;DR: This article examined the extent to which people are willing to adjust their negotiating behavior in response to their opponent's status level and found that status affects human interactions in a positive way, which causes people to seek status.
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Social Decision Theory: Choosing within and between Groups
TL;DR: In this article, the authors introduce a theoretical framework in which to study interdependent preferences, where the outcome of others affects the preferences of the decision maker, and characterize preferences according to the relative importance assigned to social gains and losses.
References
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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