A Theory of Indifference Based on Status-Seeking Behaviour

Sugata Marjit, Krishnendu Dastidar and Abhilasha Pandey

No 10409, CESifo Working Paper Series from CESifo

Abstract: This paper explores the reluctance of men (women) to acknowledge or recognise the work, comments, and claims of new ideas by other men (women) via widespread and intense demonstrations of indifference. Instances like desk rejections by journals by not allowing papers to reach a review stage, deliberately ignoring responses to respectful and cordial emails, or not referring to relevant papers in references may be related to a kind of status-seeking behaviour beyond what is projected as the real reason for such actions. Against this backdrop, this paper draws from the contemporary experimental psychology and economic theory literature on the causes and consequences of status-seeking behaviour. It integrates the idea in a simple two-player non-cooperative game theoretic framework to explain why even in a world where “Recognition” is a socially optimal strategy, “Indifference” will persist at an equilibrium. We also look at the formation of self-pampering clusters in social media as a resistance to indifference.

Keywords: experimental psychology; status-seeking behaviour; indifference; recognition; non-cooperative games; repeated games (search for similar items in EconPapers)
JEL-codes: C72 C73 D91 (search for similar items in EconPapers)
Date: 2023
New Economics Papers: this item is included in nep-exp, nep-gth and nep-hme
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