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The Socioeconomics of Consumption: Solutions to the Problems of Interest, Knowledge, and Identity

  • Metin Cosgel

    (University of Connecticut)

This paper is a review of the socio-economic literature on consumption. Considering consumption as a social activity, it examines how consumption solves the problems of interest, knowledge, and identity. It also discusses the main themes and important contributions in each category and offers suggestions for further research.

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Paper provided by University of Connecticut, Department of Economics in its series Working papers with number 2005-46.

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Length: 27 pages
Date of creation: Oct 2005
Date of revision:
Publication status: Forthcoming in The Elgar Handbook of Socio-Economics edited by John B. Davis, Wilfred Dolfsma, Elizabeth Oughton, and Jane Wheelock
Handle: RePEc:uct:uconnp:2005-46
Contact details of provider: Postal: University of Connecticut 365 Fairfield Way, Unit 1063 Storrs, CT 06269-1063
Phone: (860) 486-4889
Fax: (860) 486-4463
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  1. George A. Akerlof & Rachel E. Kranton, 2002. "Identity and Schooling: Some Lessons for the Economics of Education," Journal of Economic Literature, American Economic Association, vol. 40(4), pages 1167-1201, December.
  2. M.CoĊŸgel, Metin, 1994. "Audience Effects In Consumption," Economics and Philosophy, Cambridge University Press, vol. 10(01), pages 19-30, April.
  3. 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.
  4. Elias Khalil, 2004. "The Gift Paradox: Complex Selves and Symbolic Good," Review of Social Economy, Taylor & Francis Journals, vol. 62(3), pages 379-392.
  5. Metin M. Cosgel & Lanse Minkler, 2002. "Rationality, Integrity, and Religious Behavior," Working papers 2002-09, University of Connecticut, Department of Economics.
  6. Thaler, Richard H & Shefrin, H M, 1981. "An Economic Theory of Self-Control," Journal of Political Economy, University of Chicago Press, vol. 89(2), pages 392-406, April.
  7. McCloskey, Donald & Klamer, Arjo, 1995. "One Quarter of GDP Is Persuasion," American Economic Review, American Economic Association, vol. 85(2), pages 191-95, May.
  8. John C. Harsanyi, 1955. "Cardinal Welfare, Individualistic Ethics, and Interpersonal Comparisons of Utility," Journal of Political Economy, University of Chicago Press, vol. 63, pages 309.
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