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I develop a model of conspicuous consumption to empirically measure the importance of peer beliefs to Americans and Chinese. In the model, a consumer cares not only about the direct utility she receives from consumption, but also about the way her consumption pattern affects her peer group's...
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addiction / Marilyn E. Carroll and Una C. Campbell -- Economics and antihealth behavior : the economic analysis of substance use …. Epstein and Brian E. Saelens -- Gambling in socioeconomic perspective / Patrick M. Ghezzi, Charles A. Lyons, and Mark R. Dixon …
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