Are the Joneses Making You Financially Vulnerable?
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References listed on IDEAS
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More about this item
Keywordsconsumption externalities; catching up with the Jonses; non-concave utility; lotteries; inequality;
- D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
- R21 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Housing Demand
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2008-04-29 (All new papers)
- NEP-HAP-2008-04-29 (Economics of Happiness)
- NEP-UPT-2008-04-29 (Utility Models & Prospect Theory)
- NEP-URE-2008-04-29 (Urban & Real Estate Economics)
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