the rich buy the good (a status good in a narrow sense). If (iii) the price is located in very high or in middle range …, demand collapses. With this, we explain the critical price from which a status good acts as a distinctive signal. In addition …

consumption generated by people's status-seeking behavior. They consider the joint role of pre-tax wage inequality and of social … norms determining how social status is assigned. They find that when social status is ordinal (i.e., only one's rank in the … income distribution matters) inequality and taxation are substitutes. Instead, when status is cardinal (i.e., also the shape …

consumption generated by people's status-seeking behavior. They consider the joint role of pre-tax wage inequality and of social … norms determining how social status is assigned. They find that if social status is ordinal (i.e., only one's rank in the …-tax wages (or earning potentials) is low enough - i.e., inequality and taxation are substitutes. Instead, if status is cardinal …

the position and status of an individual is to observe due to an anonymous and globalized setting. …

hierarchical systems. This paper combines social status and norm enforcement, by introducing status in a dictator game with third … party punishment. Status is conveyed by surname; half of the third parties face dictators with a noble name and half face … dictators with a common name. Receivers all have common names. We find that social status has an impact on behavior. Our results …