Positional Goods: A Diagrammatic Exposition

Massimiliano Vatiero

Department of Economics University of Siena from Department of Economics, University of Siena

Abstract: Positional good shares with public good the non-private characteristic of consumption: for a positional good, given the consumption choice of one party, the other(s) must consume a corresponding negative amount of what the first party chooses to consume. Therefore, we treat positional good in a diagrammatic illustration similar to the Samuelsonian criteria for the public good. The aim of this work is to introduce the implications for this in terms of Pareto efficiency

Keywords: Positional Good; Externality (search for similar items in EconPapers)
JEL-codes: D52 D61 D62 (search for similar items in EconPapers)
Date: 2009-10
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://repec.deps.unisi.it/quaderni/575.pdf (application/pdf)

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:usi:wpaper:575

Access Statistics for this paper

More papers in Department of Economics University of Siena from Department of Economics, University of Siena Contact information at EDIRC.
Bibliographic data for series maintained by Fabrizio Becatti ().