Information-based relative consumption effects

被引：75

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

页码：93 / 118

页数：26

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