Status, affluence, and inequality: rank-based comparisons in games of status

DOI10.1016/J.GEB.2009.02.004zbMath1188.91110OpenAlexW2082185799MaRDI QIDQ1036584

Tatiana Kornienko, Ed Hopkins

Publication date: 13 November 2009

Published in: Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL: https://www.pure.ed.ac.uk/ws/files/8211905/HOPKINS_2009_Status_affluence_and_inequality.pdf

zbMATH Keywords

income inequalityconspicuous consumptionconsumption externalitiesfirst price auctionsstatusdispersive orderingsrelative standingsocial competitiveness

Mathematics Subject Classification ID

Economic growth models (91B62) Special types of economic markets (including Cournot, Bertrand) (91B54)

Related Items (8)

The role of inequality on effort in tournaments ⋮ A theory of esteem based peer pressure ⋮ Dress to impress: brands as status symbols ⋮ Veblen's theory of the leisure class revisited: implications for optimal income taxation ⋮ Prospect dynamics and loss dominance ⋮ Efficiency-based measures of inequality ⋮ A qualitative theory of large games with strategic complementarities ⋮ Inequality and conflict outbreak

Cites Work

• Unnamed Item
• Conspicuous consumption dynamics
• Games of status and discriminatory contracts
• On relative wealth effects and the optimality of growth
• Uniqueness of equilibrium in sealed high-bid auctions.
• The Theory of Assortative Matching Based on Costly Signals
• Status, the Distribution of Wealth, Private and Social Attitudes to Risk
• Dispersive ordering of distributions

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