Принято считать, что существующие различия в экономике, политике и обществе
отражают влияние различных институтов. Но среди экономистов, политологов и …

It is widely believed that current disparities in economic, political, and social outcomes reflect
distinct institutions. Institutions are invoked to explain why some countries are rich and …

This paper analyzes a model of social interaction in which individuals care about status as
well as" intrinsic" utility (which refers to utility derived directly from consumption). Status is …

We examine conditions under which" Veblen effects" arise from the desire to achieve social
status by signaling wealth through conspicuous consumption. While Veblen effects cannot …

In seeking to expand an understanding of consumption, this study assesses the relationship
between status consumption and conspicuous consumption. Theoretically, the relationship …

This paper develops a theory of conspicuous conservation, a phenomenon related to
conspicuous consumption in which individuals seek status through displays of austerity …

We develop a model in which consumers purchase a conspicuous good in order to signal
high income and thereby achieve greater social status. In equilibrium, the signalling value of …

A general model of community formation and human capital accumulation with social
spillovers and decentralized school funding is used to analyse the causes of economic …

We review the survey and experimental findings in the literature on attitudes to income
inequality. We interpret the latter as any disparity in incomes between individuals. We …

Cultural variables are incorporated into a baseline endogenous economic growth model.
Cultural attitudes toward achievement and thrift have a positive effect on economic growth …