Hai, Rong; Krueger, Dirk; Postlewaite, Andrew - 2021
"memorable" goods. A good is memorable if a consumer can draw current utility from its past consumption experience through memory … memorable goods consumption may also impact future utility through the accumulation process of the stock of memory. In our model …We propose a new classification of consumption goods into nondurable goods, durable goods and a new class which we call …