Preprint

Positional goods and legal orderings

  • Pagano, Ugo Dipartimento di economia politica e statistica, Università degli Studi di Siena, Italia
  • Vatiero, Massimiliano Istituto di diritto (IDUSI), Facoltà di scienze economiche, Università della Svizzera italiana, Svizzera
    2018

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’.
Language
  • English
Classification
Law
License
License undefined
Identifiers
  • RERO DOC 323017
Persistent URL
https://susi.usi.ch/usi/documents/318754
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