Woersdorfer, Julia Sophie - Max-Planck-Institut für Ökonomik <Jena> / Abteilung … - 2008
Interdependencies in consumer behavior stem from either status-seeking consumption orcompliance with social norms. This paper analyzes how a consumption act changes froma means to signal the consumer’s status to a means of norm compliance. It is shown thatsuch a transformation can only be...