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Novelty, preferences, and fashion: when goods are unsettling

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  • Bianchi, Marina
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    Bibliographic Info

    Article provided by Elsevier in its journal Journal of Economic Behavior & Organization.

    Volume (Year): 47 (2002)
    Issue (Month): 1 (January)
    Pages: 1-18

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    Handle: RePEc:eee:jeborg:v:47:y:2002:i:1:p:1-18

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    References

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    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    1. Bianchi, Marina, 1995. "Markets and firms Transaction costs versus strategic innovation," Journal of Economic Behavior & Organization, Elsevier, vol. 28(2), pages 183-202, October.
    2. Curtis Eaton, B. & Lipsey, Richard G., 1989. "Product differentiation," Handbook of Industrial Organization, in: R. Schmalensee & R. Willig (ed.), Handbook of Industrial Organization, edition 1, volume 1, chapter 12, pages 723-768 Elsevier.
    3. Amos Tversky & Daniel Kahneman, 1979. "Prospect Theory: An Analysis of Decision under Risk," Levine's Working Paper Archive 7656, David K. Levine.
    4. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
    5. Barzel, Yoram, 1982. "Measurement Cost and the Organization of Markets," Journal of Law and Economics, University of Chicago Press, vol. 25(1), pages 27-48, April.
    6. Robert J. Gordon, 1990. "The Measurement of Durable Goods Prices," NBER Books, National Bureau of Economic Research, Inc, number gord90-1, April.
    7. Sushil Bikhchandani & David Hirshleifer & Ivo Welch, 1998. "Learning from the Behavior of Others: Conformity, Fads, and Informational Cascades," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 151-170, Summer.
    8. Cowan, Robin & Cowan, William & Swann, Peter, 1997. "A model of demand with interactions among consumers," International Journal of Industrial Organization, Elsevier, vol. 15(6), pages 711-732, October.
    9. Nerlove, Marc, 1995. "Hedonic price functions and the measurement of preferences: The case of Swedish wine consumers," European Economic Review, Elsevier, vol. 39(9), pages 1697-1716, December.
    10. Marina Bianchi, 1997. "Collecting as a Paradigm of Consumption," Journal of Cultural Economics, Springer, vol. 21(4), pages 275-289, December.
    11. Sushil Bikhchandani & David Hirshleifer & Ivo Welch, 2010. "A theory of Fads, Fashion, Custom and cultural change as informational Cascades," Levine's Working Paper Archive 1193, David K. Levine.
    12. Bernheim, B Douglas, 1994. "A Theory of Conformity," Journal of Political Economy, University of Chicago Press, vol. 102(5), pages 841-77, October.
    13. Corneo, Giacomo & Jeanne, Olivier, 1999. "Segmented communication and fashionable behavior," Journal of Economic Behavior & Organization, Elsevier, vol. 39(4), pages 371-385, July.
    14. Stigler, George J & Becker, Gary S, 1977. "De Gustibus Non Est Disputandum," American Economic Review, American Economic Association, vol. 67(2), pages 76-90, March.
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    Citations

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    Cited by:
    1. Garcia-Torres, Abraham, 2009. "Consumer behaviour: evolution of preferences and the search for novelty," UNU-MERIT Working Paper Series 005, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology.
    2. Bianchi, Marina, 2003. "A questioning economist: Tibor Scitovsky's attempt to bring joy into economics," Journal of Economic Psychology, Elsevier, vol. 24(3), pages 391-407, June.
    3. Caulkins, J.P. & Hartl, R.F. & Kort, P.M. & Feichtinger, G., 2007. "Explaining fashion cycles: Imitators chasing innovators in product space," Open Access publications from Tilburg University urn:nbn:nl:ui:12-194289, Tilburg University.
    4. Mauro Caminati, 2004. "Variety, Consumption and Growth," Department of Economics University of Siena 431, Department of Economics, University of Siena.
    5. John Hartwick, 2011. "New Product Introduction and Market Evolution," Working Papers 1280, Queen's University, Department of Economics.
    6. Caulkins, J.P. & Feichtinger, G. & Grass, D. & Hartl, R.F. & Kort, P.M. & Seidl, A., 2011. "Optimal pricing of a conspicuous product during a recession that freezes capital markets," Journal of Economic Dynamics and Control, Elsevier, vol. 35(1), pages 163-174, January.
    7. Marina Bianchi, 2010. "Interdependent Preferences: Early and Late Debates on Emulation, Distinction, and Fashion," Working Papers 2010-04, Universita' di Cassino, Dipartimento di Scienze Economiche.
    8. Andreas Chai, 2011. "Consumer specialization and the Romantic transformation of the British Grand Tour of Europe," Journal of Bioeconomics, Springer, vol. 13(3), pages 181-203, October.
    9. Christian Cordes, 2008. "A potential limit on competition," Journal of Bioeconomics, Springer, vol. 10(2), pages 127-144, August.
    10. Christian Schubert & Andreas Chai, 2012. "Sustainable Consumption and Consumer Sovereignty," Papers on Economics and Evolution 2012-14, Max Planck Institute of Economics, Evolutionary Economics Group.
    11. Andreas Chai & Alessio Moneta, 2012. "Back to Engel? Some evidence for the hierarchy of needs," Journal of Evolutionary Economics, Springer, vol. 22(4), pages 649-676, September.
    12. Maurizio Pugno, 2011. "Scitovsky and the income-happiness paradox," Working Papers 2011-07, Universita' di Cassino, Dipartimento di Scienze Economiche.

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