Du refus de vente au don: une explication de la formation du prix par l´affect
[From rejection of exchange to gift: regard as an explanation of prices]
AbstractThis paper aims at explaining observed distinct prices announced by a single supplier for an identical product, in an illegal framework. The modeling proposed here examines an augmented mark-up pricing equation for oligopolistic markets that includes a function of social discrimination. The latter is justified through both sociologic and anthropologic approaches which are taken into account the importance of the degree of personalization that characterizes any exchange, either merchant or non merchant. Such a perspective leads us to conceive prices as transmitting not only a vector of information but also a vector of affect that signals the level of social integration for participants interacting into personal exchanges. Without a legal benchmark, individuals are differentiated by their position in social networks, including family. Given the function of social discrimination, a more complete explanation can be displayed in terms of why a continuum of prices exists for a same illegal good for instance swindling prices, competitive market prices, non-market prices etc. Therefore, by converting each price in a singular expression of a particular exchange, we demonstrate that belonging or not to a social network impacts on price formation in illegal markets, even provides a better understanding of some extreme cases such as refusal of sale or gift exchange.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 15317.
Date of creation: 05 Mar 2009
Date of revision: 24 Apr 2009
echange; prix illégaux; affect; réseaux sociaux;
Find related papers by JEL classification:
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
- D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
- D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection
- K4 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-05-23 (All new papers)
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.:
- Poret, Sylvaine & Tejedo, Cyril, 2006.
"Law enforcement and concentration in illicit drug markets,"
European Journal of Political Economy,
Elsevier, vol. 22(1), pages 99-114, March.
- Sylvaine Poret & Cyril TÃ©jÃ©do, 2006. "Law enforcement and concentration in illicit drug markets," Working Papers 18933, Institut National de la Recherche Agronomique, France.
- Grossman, Michael & Chaloupka, Frank J., 1998.
"The demand for cocaine by young adults: a rational addiction approach,"
Journal of Health Economics,
Elsevier, vol. 17(4), pages 427-474, August.
- Michael Grossman & Frank J. Chaloupka & Charles C. Brown, 1996. "The Demand for Cocaine by Young Adults: A Rational Addiction Approach," NBER Working Papers 5713, National Bureau of Economic Research, Inc.
- Michael Grossman, 2004. "Individual Behaviors and Substance Use: The Role of Price," NBER Working Papers 10948, National Bureau of Economic Research, Inc.
- Akerlof, George A, 1982. "Labor Contracts as Partial Gift Exchange," The Quarterly Journal of Economics, MIT Press, vol. 97(4), pages 543-69, November.
- Ehrlich, Isaac, 1973. "Participation in Illegitimate Activities: A Theoretical and Empirical Investigation," Journal of Political Economy, University of Chicago Press, vol. 81(3), pages 521-65, May-June.
- Acemoglu, D. & Verdier, T., 1997.
"The Choice between Market Failures and Corruption,"
DELTA Working Papers
97-06, DELTA (Ecole normale supérieure).
- Gary S. Becker & Kevin M. Murphy & Michael Grossman, 2004. "The Economic Theory of Illegal Goods: The Case of Drugs," NBER Working Papers 10976, National Bureau of Economic Research, Inc.
- Salop, Steven & Stiglitz, Joseph E, 1977.
"Bargains and Ripoffs: A Model of Monopolistically Competitive Price Dispersion,"
Review of Economic Studies,
Wiley Blackwell, vol. 44(3), pages 493-510, October.
- Steven Salop & Joseph Stiglitz, 1977. "Bargains and ripoffs: a model of monopolistically competitive price dispersion," Special Studies Papers 94, Board of Governors of the Federal Reserve System (U.S.).
- Becker, Gary S & Grossman, Michael & Murphy, Kevin M, 1991.
"Rational Addiction and the Effect of Price on Consumption,"
American Economic Review,
American Economic Association, vol. 81(2), pages 237-41, May.
- Gary S.Grossman Becker & Michael Murphy & Kevin M., 1991. "Rational Addiction and the Effect of Price on Consumption," University of Chicago - George G. Stigler Center for Study of Economy and State 68, Chicago - Center for Study of Economy and State.
- Hirschman, Albert O, 1984.
"Against Parsimony: Three Easy Ways of Complicating Some Categories of Economic Discourse,"
American Economic Review,
American Economic Association, vol. 74(2), pages 89-96, May.
- Hirschman, Albert O., 1985. "Against Parsimony: Three Easy Ways of Complicating some Categories of Economic Discourse," Economics and Philosophy, Cambridge University Press, vol. 1(01), pages 7-21, April.
- Pierre Kopp, 1994. "Consommation de drogue et efficacité des politiques publiques," Revue Économique, Programme National Persée, vol. 45(6), pages 1333-1356.
- Sylvaine Poret, 2006. "L'impact des politiques répressives sur l'offre de drogues illicites. Une revue de la littérature théorique," Revue économique, Presses de Sciences-Po, vol. 57(5), pages 1065-1091.
- Gary S. Becker & Kevin M. Murphy, 1986.
"A Theory of Rational Addiction,"
University of Chicago - George G. Stigler Center for Study of Economy and State
41, Chicago - Center for Study of Economy and State.
- Geertz, Clifford, 1978. "The Bazaar Economy: Information and Search in Peasant Marketing," American Economic Review, American Economic Association, vol. 68(2), pages 28-32, May.
- Marceau, Nicolas & Mongrain, Steeve, 1999. "Dissuader le crime : un survol," L'Actualité Economique, Société Canadienne de Science Economique, vol. 75(1), pages 123-147, mars-juin.
- Pratt, John W & Wise, David A & Zeckhauser, Richard, 1979. "Price Differences in Almost Competitive Markets," The Quarterly Journal of Economics, MIT Press, vol. 93(2), pages 189-211, May.
- Jeffrey A. Miron, 2003.
"The Effect of Drug Prohibition on Drug Prices: Evidence from the Markets for Cocaine and Heroin,"
NBER Working Papers
9689, National Bureau of Economic Research, Inc.
- Jeffrey A. Miron, 2003. "The Effect of Drug Prohibition on Drug Prices: Evidence from the Markets for Cocaine and Heroin," The Review of Economics and Statistics, MIT Press, vol. 85(3), pages 522-530, August.
- Allingham, Michael G. & Sandmo, Agnar, 1972. "Income tax evasion: a theoretical analysis," Journal of Public Economics, Elsevier, vol. 1(3-4), pages 323-338, November.
- Cyril Téjédo & Sylvaine PORET, 2002. "Analyse horizontale du marché des biens illicites," Cahiers de recherche 02-06, Departement d'Economique de la Faculte d'administration à l'Universite de Sherbrooke.
- Nuno Garoupa, 1999.
"Optimal law enforcement and criminal organization,"
Economics Working Papers
366, Department of Economics and Business, Universitat Pompeu Fabra.
- Pierre Kopp, 1994. "Consommation de drogue et efficacité des politiques publiques," Revue économique, Presses de Sciences-Po, vol. 0(6), pages 1333-1356.
- Andreoni, James, 1991. "The desirability of a permanent tax amnesty," Journal of Public Economics, Elsevier, vol. 45(2), pages 143-159, July.
- Nicolas Marceau & Steeve Mongrain, 1999. "Dissuader le crime," Cahiers de recherche du DÃ©partement des sciences Ã©conomiques, UQAM 9902, Université du Québec à Montréal, Département des sciences économiques.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).
If references are entirely missing, you can add them using this form.