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We study consumers' valuation of status signals by estimating consumers' willingness to pay for a luxury item with a quiet vs. a prominent logo. We collected data from two online markets on sales of two luxury handbags that differ only in the prominence of their logo. We use these data to...
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Consumers are known to signal social status through their purchasing behaviors. As the food industry continually expands its use of strategic marketing to reach customers, understanding food's connection to this kind of status signaling may open the door to explore new markets for farmers. This...
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We study the cause-effects of status-seeking options to the possibility of earning environmental income if the … for environmental amenities that means to earn environmental income if people want to follow others in a proportional … status-seeking income effects which ultimately determine the quality of environmental conservation. Survey statistics reflect …
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. Using a novel dataset from the emerging economy of Kazakhstan we find that internal migrants earn an income and status …
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Every human has a unique mindset in performing regular activities. Often changing environmental situations and traditional follow-ups influence the humans by their emotional and social cultural factors. The authors of the research paper made an attempt to study irrational behaviour of household...
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