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Consuming more or consuming more than the others? An empirical analysis of positional goods

Consommer plus ou consommer plus que les autres ? Une analyse empirique des biens de position

Gilles Grolleau (), Tarik Lakhal and Naoufel Mzoughi
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Tarik Lakhal: IREDU - Institut de recherche sur l'éducation : Sociologie et Economie de l'Education - UB - Université de Bourgogne

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Abstract: Based on Solnick and Hemenway [1998], we empirically investigate the inter-dependence of utility functions using French data. Our estimations partially confirm the results of Solnick and Hemenway. We show that (1) relative position matters, (2) positional concerns differ among domains, (3) goods are more positional than bads, and (4) position matters more when choosing for one's child than when choosing for oneself. Moreover, the home country is likely to influence positional concerns and their ranking

Date: 2008-07
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Published in Revue Economique, 2008, 59 (4), pp.701-717. ⟨10.3917/reco.594.0701⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02653322

DOI: 10.3917/reco.594.0701

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