A joint reading of positional and relational goods

Luca Fiorito, Massimiliano Vatiero, Luca Fiorito

Risultato della ricerca: Articlepeer review

2 Citazioni (Scopus)

Abstract

Both relational and positional goods are based upon an idea of joint consumption - though with opposite signs. Indeed, in both cases, individuals' consumption choices take into account not only the individuals themselves, but others, as well. Given that relational goods provide a form of identity to their consumers, we show that a certain degree of positionality emerges within the consumption of relational goods. 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.
Lingua originaleEnglish
pagine (da-a)87-96
Numero di pagine10
RivistaEconomia Politica
Volume30
Stato di pubblicazionePublished - 2013

All Science Journal Classification (ASJC) codes

  • Finance
  • Sociology and Political Science
  • Economics and Econometrics

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