Working paper

Positional goods and legal orderings

  • Siena : Quaderni del Dipartimento di Economia Politica e Statistica, 2018
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".
Collections
Language
  • English
Classification
Economics
License
License undefined
Open access status
gold
Identifiers
  • RICERCO 19830
  • ARK ark:/12658/srd1336444
Persistent URL
https://n2t.net/ark:/12658/srd1336444
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