Information-based relative consumption effects

被引：74
|
作者：
Samuelson, L [1 ]
机构：
[1] Univ Wisconsin, Dept Econ, Madison, WI 53706 USA
来源：
ECONOMETRICA | 2004年 / 72卷 / 01期
关键词：
relative consumption; consumption externalities; relative income; status; evolution; information;
D O I：
10.1111/j.1468-0262.2004.00479.x
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Preferences exhibit relative consumption effects if a person's satisfaction with their own consumption appears to depend upon how much others are consuming. This paper examines a model of an evolutionary environment in which Nature optimally builds relative consumption effects into preferences in order to compensate for incomplete environmental information.
引用
收藏
页码：93 / 118
页数：26
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