Positional goods and legal orderings
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Pagano, Ugo
Dipartimento di economia politica e statistica, Università degli Studi di Siena, Italia
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Vatiero, Massimiliano
Istituto di diritto (IDUSI), Facoltà di scienze economiche, Università della Svizzera italiana, Svizzera
9 p.
English
People consume because others consume, maintained Veblen in 1899. More recently, theoretical, empirical and experimental articles have argued that people constantly compare themselves to their environments and care greatly about their relative positions. Given that competition for positions may produce social costs, we adopt a Law and Economics approach (i) to suggest legal remedies for positional competition, and (ii) to argue that, because legal relations are characterized in turn by positional characteristics, such legal remedies do not represent ‘free lunches’.
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Language
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Classification
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Law, jurisprudence
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License
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License undefined
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Identifiers
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RERO DOC
323017
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ARK
ark:/12658/srd1318754
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Persistent URL
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https://n2t.net/ark:/12658/srd1318754
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