LUXURY PRICES: AN EXPOSITORY NOTE*
Michele Piccione and
Ariel Rubinstein ()
The Japanese Economic Review, 2008, vol. 59, issue 1, 127-132
Abstract:
We study a model in which “useless” luxury goods are a mechanism for redistribution.
Date: 2008
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https://doi.org/10.1111/j.1468-5876.2007.00413.x
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Working Paper: Luxury Prices: An Expository Note (2006) 
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