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The Economics of Fashion Demand

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  • Dwight E. Robinson

Abstract

I. Introduction: fashion and economics, 376. — II. The state of fashion theory, 380. — III. The economic foundations of fashion, 385; the pursuit of rarity, 385; factor of demonstrability, 387; fashion as demonstrated command over current factors of production, 390. — IV. Some implications for economic fields, 393; value and welfare, 393; economic competition and organization, 395; economic development and cycles, 396. — V. Conclusion, 398.

Suggested Citation

  • Dwight E. Robinson, 1961. "The Economics of Fashion Demand," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 75(3), pages 376-398.
    • Handle: RePEc:oup:qjecon:v:75:y:1961:i:3:p:376-398.
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    Cited by:

    1. Cappetta, Rossella & Cillo, Paola & Ponti, Anna, 2006. "Convergent designs in fine fashion: An evolutionary model for stylistic innovation," Research Policy, Elsevier, vol. 35(9), pages 1273-1290, November.
    2. C. Goukens & S. Dewitte & I. Anthoons, 2003. "When New Feels Good. Enhancing Variety Seeking by Using Subtle Priming," Review of Business and Economic Literature, KU Leuven, Faculty of Economics and Business (FEB), Review of Business and Economic Literature, vol. 0(3), pages 469-488.
    3. Russell Golman & Aditi Jain & Sonica Saraf, 2019. "Hipsters and the Cool: A Game Theoretic Analysis of Social Identity, Trends and Fads," Papers 1910.13385, arXiv.org.
    4. Dmitri Kuksov & Kangkang Wang, 2013. "A Model of the "It" Products in Fashion," Marketing Science, INFORMS, vol. 32(1), pages 51-69, July.
    5. Aloys Prinz & Jan Piening & Thomas Ehrmann, 2015. "The success of art galleries: a dynamic model with competition and information effects," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 39(2), pages 153-176, May.
    6. Andreas Wagener, 2012. "Why Do People (Not) Cough in Concerts? The Economics of Concert Etiquette," ACEI Working Paper Series AWP-05-2012, Association for Cultural Economics International, revised Dec 2012.
    7. Elizabeth Currid-Halkett & Kevin M. Stolarick, 2011. "The Arts: Not Just Artists (and Vice Versa)," Chapters, in: David Emanuel Andersson & Åke E. Andersson & Charlotta Mellander (ed.), Handbook of Creative Cities, chapter 13, Edward Elgar Publishing.
    8. Kristen B. Cooper, 2017. "Consumer well-being in a future of accelerating novelty," Journal of Evolutionary Economics, Springer, vol. 27(2), pages 315-335, April.

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