A Joint Reading of Positional and Relational Goods

Luca Fiorito and Massimiliano Vatiero

Economia politica, 2013, issue 1, 87-96

Abstract: Both relational and positional goods are based upon an idea of joint consumption - though withopposite signs. Indeed, in both cases, individuals' consumption choices take into account not only theindividuals themselves, but others, as well. Given that relational goods provide a form of identity to theirconsumers, we show that a certain degree of positionality emerges within the consumption of relationalgoods. Analogously, except in a two-agent context, each positional good also has a relational component.What emerges is a complex structure of economic outcomes based on both relational and positional motives.

Keywords: J.E.L. D11; K00 (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
https://www.rivisteweb.it/download/article/10.1428/73101 (application/pdf)
https://www.rivisteweb.it/doi/10.1428/73101 (text/html)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mul:jb33yl:doi:10.1428/73101:y:2013:i:1:p:87-96

Access Statistics for this article

Economia politica is currently edited by Alberto Quadrio Curzio, Giorgio Lunghini, Pier Carlo Nicola

More articles in Economia politica from Società editrice il Mulino
Bibliographic data for series maintained by ().