This paper shows that households with positional concerns and convex status utility use gambling to attempt … Germany, proxying the status orientation of households by their expenditures for conspicuous consumption. Our empirical … results strongly indicate that households who care about status are more likely to participate in gambling and invest more in …

Status and reputation have long been recognized as important influences in management research and recently much … strategic management studies have identified the different methods through which status and reputation are constructed. While … reputation has been linked with a history of quality, and status has been identified as an externally assigned measure of social …

This paper is the first attempt towards directly testing the existence of status seeking behavior of the poor for a … developing economy, India, with the help of a large dataset. The paper empirically validates status consciousness among the … patterns via status effect turns out to be statistically significant. Households in the majority of the states, under various …