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Book
Status Goods : Experimental Evidence from Platinum Credit Cards
Authors: --- --- --- ---
Year: 2017 Publisher: Washington, D.C. : The World Bank,

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Abstract

This paper provides novel evidence on status goods, using a series of field experiments with an Indonesian bank that markets platinum credit cards to high-income customers. In a first experiment, the paper shows that demand for the platinum card greatly exceeds demand for a nondescript control product with identical benefits, suggesting demand for the pure status aspect of the card. Transaction data reveal that platinum cards are more likely to be used in social contexts, implying social image motivations. Combining price variation with information on the use of the card sheds light on the magnitude of the demand for social status. A second experiment provides evidence of positional externalities from the consumption of these status goods. The final experiment shows that increasing self-esteem causally reduces demand for status goods. This suggests that part of the demand for status is psychological in nature, and that social image is a substitute for self-image.


Dissertation
De invloed van machtshonger op geldende macht-consumptie- relaties tijdens een machtsevolutie
Authors: --- ---
Year: 2013 Publisher: Gent : s.n.,

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Het voorliggende onderzoek gaat de invloed na van machtshonger op belangrijke constructen in het consumptiegedrag van individuen. Daarenboven worden de verschillende relaties nagegaan tijdens een machtsevolutie. Respondenten werden in staat gesteld macht op of af te bouwen. Gebaseerd op de geldende relaties werd verondersteld dat machtshonger een significante relatie vertoont met een machtsevolutie, machtshonger als mediator optreedt in de relatie tussen macht en conspicuous consumption, machtshonger en het nemen van risico's een negatieve relatie hebben, respondenten tijdens een positieve machtsevolutie de voorkeur geven voor utilitaire consumptie en dat toenemende machtshonger aanzet tot een voorkeur voor hedonische consumptie. Met behulp van een online vragenlijst en een machtsmanipulator werden verschillende machtsevoluties gesimuleerd en geregistreerd. Bovendien konden ook evoluties in de variabelen zelf worden vastgesteld. Er werd echter aangetoond dat machtshonger geen relatie vertoont met de gesimuleerde machtsevolutie alsook niet met het nemen van risico's. Bovendien treedt machtshonger niet op als mediator tussen macht en conspicuous consumption, beiden vormen een apart gevolg van een lage machtstoestand. 'Simple Slope'-analyses maakten duidelijk dat er een negatief verband bestaat tussen machtsevoluties en hedonische consumptie wanneer de respondenten aan het verliezen waren. Winnende respondenten toonden een verwaarloosbare negatieve relatie tussen machtsevolutie en de voorkeur voor hedonische consumptie. De bevindingen uit het voorliggende onderzoek hebben een groot toepassingsgebied in het dagdagelijkse leven. Ze helpen onderzoekers het consumptiegedrag van individuen beter te begrijpen, maar stellen ook markteers in staat beter in te spelen op de consumenten indien zij een gewenst gedrag willen uitlokken.


Book
Borrowing to Keep up (with the Joneses) : Inequality, Debt, and Conspicuous Consumption
Authors: ---
Year: 2020 Publisher: Washington, D.C. : The World Bank,

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The quest for status is a powerful motivator, but does it affect inequality? This paper presents a novel lab experiment that was designed and conducted to identify the relationship between inequality, status signaling, debt, and conspicuous consumption. It reports three main findings: First, consumption increases when it is "conspicuous" (i.e. is both observable, and signals ability/status). Second, borrowing increases when consumption is conspicuous. More critically, this increase in loan-taking is driven by those at the bottom of the income distribution. Third, in the presence of conspicuous consumption, access to finance exacerbates inequality. The results point to a vicious cycle of inequality and costly borrowing.


Dissertation
To what extent can the sharing economy model impact luxury marketing? The case of the luxury fashion rental market.
Authors: --- ---
Year: 2022 Publisher: Liège Université de Liège (ULiège)

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Around the world, people are facing many changes which are impacting consumer behaviour. Over time, new ways of consuming have been developed to respond to today's global issues.
One of the most convincing challenges is to reverse climate change. To this end, new solutions are emerging, such as the sharing economy model. This study analysed the extent to which the sharing economy model can impact the marketing of luxury goods and services. We focused specifically on the luxury fashion rental market because the fashion industry is one of the most polluting sectors in the world.
In our analysis, we noticed a dissonance between the sharing economy model and the luxury market. The sharing economy model allows access to goods and services, while luxury promises prestige and exclusivity. In other words, these are two opposing worlds that could become complementary to meet a new demand. The aim was to highlight the consumer's perception and attitude through this integration. We established four initial research questions concerning the influence on the attitude and perception of the consumer towards luxury brands, the impact on the perception of exclusivity as well as the interest of this type of service among the new generations.
Our investigation of the phenomenon was twofold. First, we conducted a literature review to ascertain key concepts. Then, we performed an exploratory qualitative study involving 20 respondents aged between 24 and 32 years who possessed different socio-demographic profiles. Our research was based more heavily on psychological aspects which have not been thoroughly investigated: the perception of and the attitude of the consumer towards a luxury fashion rental service.
We were able to identify the main motivation as the sustainable aspect. The consumer is inclined to participate in the rental of luxury items to exhibit ethical behaviour. Another identified motivation is the economic aspect with a reduction in costs affords other consumer profiles access to these luxury items. The social aspect was additionally highlighted, as the sharing economy allows for interaction and a certain proximity between consumers. Accessibility was another essential concept. It encompasses several benefits for the consumer as well as hedonism, which guides consumer behaviour in an emotional rather than rational way. Experience is central to both the sharing economy and luxury.
In addition, a barrier was identified that marked the dichotomy of this research: exclusivity. Exclusivity is fundamental to the perceptions of and attitudes towards luxury brands. Providing access to luxury goods and services can be perceived as positive for certain criteria but can also negatively impact luxury marketing. This is because the sense of group membership, conspicuous consumption, prestige and perceived desire in luxury fashion consumption gradually diminishes.
In conclusion, this research highlighted the perceived benefits and risks to the sharing economy and luxury. In so doing, its enhanced understanding of the positive and negative impact of consumer perceptions on attitudes on luxury marketing and towards the luxury fashion rental market.


Book
Grief : a philosophical guide
Author:
ISBN: 069120179X 0691211213 0691232733 Year: 2021 Publisher: Princeton ; Oxford : Princeton University Press,

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An engaging and illuminating exploration of grief--and why, despite its intense pain, it can also help us grow. Experiencing grief at the death of a person we love or who matters to us--as universal as it is painful--is central to the human condition. Surprisingly, however, philosophers have rarely examined grief in any depth. In Grief, Michael Cholbi presents a groundbreaking philosophical exploration of this complex emotional event, offering valuable new insights about what grief is, whom we grieve, and how grief can ultimately lead us to a richer self-understanding and a fuller realization of our humanity. Drawing on psychology, social science, and literature as well as philosophy, Cholbi explains that we grieve for the loss of those in whom our identities are invested, including people we don't know personally but cherish anyway, such as public figures. Their deaths not only deprive us of worthwhile experiences; they also disrupt our commitments and values. Yet grief is something we should embrace rather than avoid, an important part of a good and meaningful life. The key to understanding this paradox, Cholbi says, is that grief offers us a unique and powerful opportunity to grow in self-knowledge by fashioning a new identity. Although grief can be tumultuous and disorienting, it also reflects our distinctly human capacity to rationally adapt as the relationships we depend on evolve. An original account of how grieving works and why it is so important, Grief shows how the pain of this experience gives us a chance to deepen our relationships with others and ourselves. --

Keywords

Grief --- Mourning --- Sorrow --- Bereavement --- Emotions --- Loss (Psychology) --- Philosophy. --- Acculturation. --- Addiction. --- Adult. --- Apathy. --- Biology. --- British literature. --- Business partner. --- Christianity. --- Clothing. --- Coincidence. --- Compatible Partners. --- Consideration. --- Conspicuous consumption. --- Cosmetics. --- David Bowie. --- Decision-making. --- Depiction. --- Desertion. --- Deviance (sociology). --- Diagnostic and Statistical Manual of Mental Disorders. --- Disability. --- Distraction (game show). --- Dual process theory (moral psychology). --- Dwelling. --- Embarrassment. --- Existence. --- Expecting (Angel). --- Flourishing. --- Furniture. --- Good and evil. --- Grave. --- Grief counseling. --- Grief. --- Half-truth. --- Health. --- Hinge. --- Human behavior. --- Humility. --- Imprisonment. --- In Death. --- Indulgence. --- Institution. --- Instrumental value. --- Interaction. --- John Rawls. --- Joy Davidman. --- Juncture. --- Just society. --- Limbic system. --- Medical classification. --- Medical diagnosis. --- Mental breakdown. --- Mental health professional. --- Mental health. --- Michel Foucault. --- Morality. --- Mourner. --- Mourning. --- Narrative. --- Negative affectivity. --- Obstacle. --- Odor. --- Organic unity. --- Our Choice. --- Oxymoron. --- Pathology. --- Payment. --- Person A. --- Person. --- Philosopher. --- Philosophy of artificial intelligence. --- Prediction. --- Predictive analytics. --- Promiscuity. --- Psychology. --- Quantity. --- Republic (Plato). --- Requirement. --- Resentment. --- Role. --- Sanity. --- Scrutiny (journal). --- Self-help. --- Self-interest. --- Self-love. --- Sibling. --- Single parent. --- Social skills. --- Space exploration. --- Suggestion. --- Technology. --- The Chronicles of Narnia. --- The Screwtape Letters. --- Theory of mind. --- Thomas Szasz. --- Time. --- Trait theory. --- Uncertainty. --- Understanding. --- Zhuangzi (book).

Thorstein Veblen : Theorist of the Leisure Class
Author:
ISBN: 0691006547 0691006555 9780691006543 9780691006550 Year: 1999 Publisher: Princeton, N.J. : Princeton University Press,

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Publisher Description (unedited publisher data) Counter Fired by Stanford and the University of Chicago but recommended by his peers to the presidency of the American Economic Association, Thorstein Veblen remains a baffling figure in American intellectual history. In part because he was an eccentric who shunned publicity, he has also been one of our most neglected. Veblen is known to the general public only as coiner of the term "conspicuous consumption," and to scholars primarily as one of many social critics of the reform-minded Progressive Era. This important critical biography--originally published as The Bard of Savagery and now appearing in paperback for the first time--attempts both to unravel the riddles that surround his reputation and to assess his varied and important contributions to modern social theory.

Keywords

Economic schools --- Veblen, Thorstein B. --- Veblen, Thorstein --- Economists --- Social reformers --- Economics --- Social history --- Biography --- History --- Veblen, Thorstein, --- BUSINESS & ECONOMICS / Economic History --- Histoire sociale. --- Économie politique --- Économistes --- Reformateurs sociaux --- Social history. --- Social reformers. --- Economists. --- Economics. --- Biographies. --- History. --- Veblen, Thorstein. --- Veblen, Thorstein Bunde (1857-1929) --- Theory of the leisure class. --- United States. --- Abudada. --- Academic freedom. --- Adams, Henry. --- Alienation. --- Animism. --- Aristotle. --- Arrow, Kenneth. --- Bailyn, Bernard. --- Bentley, Arthur. --- Boorstin, Daniel. --- Businessmen. --- Calvinism. --- Central Pacific railroad. --- Channing, William Ellery. --- Class consciousness. --- Confucius. --- Conspicuous consumption. --- Credit. --- Croce, Benedetto. --- Degeneration (Nordau). --- Dodge, Grenville. --- Donnelley, Ignatius. --- Drew, Daniel. --- Dynamic Sociology (Ward). --- Education. --- Emulation. --- Engineers. --- Eskimos. --- Fascism. --- Federalist. --- Feudalism. --- Freedom. --- Gambling. --- Gouge, William. --- Habermas, Jurgen. --- Handicraft era. --- Hecht, Ben. --- Hedonism. --- Iceland. --- Instincts. --- Japan. --- Kuwait. --- Leisure class. --- Mannheim, Karl. --- Miller, Perry. --- Nationalism. --- New Left scholars. --- Ownership. --- Patriotism. --- Political economy. --- Puritanism. --- Reformation. --- Descriptive sociology --- Social conditions --- Sociology --- Economic theory --- Political economy --- Social sciences --- Economic man --- Social scientists --- Reformers --- ABŞ --- ABSh --- Ameerika Ühendriigid --- America (Republic) --- Amerika Birlăshmish Shtatlary --- Amerika Birlăşmi Ştatları --- Amerika Birlăşmiş Ştatları --- Amerika ka Kelenyalen Jamanaw --- Amerika Qūrama Shtattary --- Amerika Qŭshma Shtatlari --- Amerika Qushma Shtattary --- Amerika (Republic) --- Amerikai Egyesült Államok --- Amerikanʹ Veĭtʹsėndi︠a︡vks Shtattnė --- Amerikări Pĕrleshu̇llĕ Shtatsem --- Amerikas Forenede Stater --- Amerikayi Miatsʻyal Nahangner --- Ameriketako Estatu Batuak --- Amirika Carékat --- AQSh --- Ar. ha-B. --- Arhab --- Artsot ha-Berit --- Artzois Ha'bris --- Bí-kok --- Ē.P.A. --- EE.UU. --- Egyesült Államok --- ĒPA --- Estados Unidos --- Estados Unidos da América do Norte --- Estados Unidos de América --- Estaos Xuníos --- Estaos Xuníos d'América --- Estatos Unitos --- Estatos Unitos d'America --- Estats Units d'Amèrica --- Ètats-Unis d'Amèrica --- États-Unis d'Amérique --- Fareyniḳṭe Shṭaṭn --- Feriene Steaten --- Feriene Steaten fan Amearika --- Forente stater --- FS --- Hēnomenai Politeiai Amerikēs --- Hēnōmenes Politeies tēs Amerikēs --- Hiwsisayin Amerikayi Miatsʻeal Tērutʻiwnkʻ --- Istadus Unidus --- Jungtinės Amerikos valstybės --- Mei guo --- Mei-kuo --- Meiguo --- Mî-koet --- Miatsʻyal Nahangner --- Miguk --- Na Stàitean Aonaichte --- NSA --- S.U.A. --- SAD --- Saharat ʻAmērikā --- SASht --- Severo-Amerikanskie Shtaty --- Severo-Amerikanskie Soedinennye Shtaty --- Si︠e︡vero-Amerikanskīe Soedinennye Shtaty --- Sjedinjene Američke Države --- Soedinennye Shtaty Ameriki --- Soedinennye Shtaty Severnoĭ Ameriki --- Soedinennye Shtaty Si︠e︡vernoĭ Ameriki --- Spojené obce severoamerické --- Spojené staty americké --- SShA --- Stadoù-Unanet Amerika --- Stáit Aontaithe Mheiriceá --- Stany Zjednoczone --- Stati Uniti --- Stati Uniti d'America --- Stâts Unîts --- Stâts Unîts di Americhe --- Steatyn Unnaneysit --- Steatyn Unnaneysit America --- SUA (Stati Uniti d'America) --- Sŭedineni amerikanski shtati --- Sŭedinenite shtati --- Tetã peteĩ reko Amérikagua --- U.S. --- U.S.A. --- United States of America --- Unol Daleithiau --- Unol Daleithiau America --- Unuiĝintaj Ŝtatoj de Ameriko --- US --- USA --- Usono --- Vaeinigte Staatn --- Vaeinigte Staatn vo Amerika --- Vereinigte Staaten --- Vereinigte Staaten von Amerika --- Verenigde State van Amerika --- Verenigde Staten --- VS --- VSA --- Wááshindoon Bikéyah Ałhidadiidzooígíí --- Wilāyāt al-Muttaḥidah --- Wilāyāt al-Muttaḥidah al-Amirīkīyah --- Wilāyāt al-Muttaḥidah al-Amrīkīyah --- Yhdysvallat --- Yunaeted Stet --- Yunaeted Stet blong Amerika --- ZDA --- Združene države Amerike --- Zʹi︠e︡dnani Derz︠h︡avy Ameryky --- Zjadnośone staty Ameriki --- Zluchanyi︠a︡ Shtaty Ameryki --- Zlucheni Derz︠h︡avy --- ZSA --- Η.Π.Α. --- Ηνωμένες Πολιτείες της Αμερικής --- Америка (Republic) --- Американь Вейтьсэндявкс Штаттнэ --- Америкӑри Пӗрлешӳллӗ Штатсем --- САЩ --- Съединените щати --- Злучаныя Штаты Амерыкі --- ولايات المتحدة --- ولايات المتّحدة الأمريكيّة --- ولايات المتحدة الامريكية --- 미국 --- États-Unis --- É.-U. --- ÉU --- Economists - 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