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» Resultado: 3 registros
| Registro 1 de 3 | |
| Autor: | Bagwell, Laurie-Simon - Bernheim, B-Douglas - |
| Título: | Veblen Effects in a Theory of Conspicuous Consumption |
| Fuente: | American Economic Review. v.86, n.3. American Economic Association |
| Páginas: | pp. 349-73 |
| Año: | June 1996 |
| Resumen: | The authors examine conditions under which ’Veblen effects’ arise from the desire to achieve social status by signaling wealth through conspicuous consumption. While Veblen effects cannot ordinarily arise when preferences satisfy a ’single-crossing property,’ they may emerge when this property fails. In that case, ’budget’ brands are priced at marginal cost, while ’luxury’ brands, though not intrinsically superior, are sold at higher prices to consumers seeking to advertise wealth. Luxury brands earn strictly positive profits under conditions that would, with standard formulations of preferences, yield marginal-cost pricing. The authors explore factors that induce Veblen effects and they investigate policy implications. |
| Solicitar por: | HEMEROTECA A + datos de Fuente |
| Registro 2 de 3 | |
| Autor: | Bagwell, Laurie-Simon - |
| Título: | Shareholder Heterogeneity: Evidence and Implications |
| Fuente: | American Economic Review. v.81, n.2. American Economic Association |
| Páginas: | pp. 218-21 |
| Año: | May 1991 |
| Solicitar por: | HEMEROTECA A + datos de Fuente |
| Registro 3 de 3 | |
| Autor: | Bagwell, Laurie-Simon - Shoven, John-B - |
| Título: | Cash Distributions to Shareholders |
| Fuente: | Journal of Economic Perspectives. v.3, n.3. American Economic Association |
| Páginas: | pp. 129-40 |
| Año: | summer 1989 |
| Solicitar por: | HEMEROTECA J + datos de Fuente |
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