Veblen effects in a theory of conspicuous consumption

Bagwell, L. S., & Bernheim, B. D. (1996). Veblen effects in a theory of conspicuous consumption. American Economic Review, 86(3), 349-373.

Type

Journal article

Intellectual base

Primary research

Year

1996

Link

no authoritative link yet

Cited from

psychology

Cited by

1 citation across 1 artifact.

Primes

• Public vs. Private Contexts
  • Consumer behavior: Purchasing decisions in public (conspicuous consumption, status signaling, brand as identity) differ markedly from private consumption (anonymous buying, reduced reputational stakes), a divergence Bagwell and Bernheim (1996) formalize in their economic model of conspicuous consumption building on Veblen.

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