to explain the economic role of luxury. In the 18th century this school of thought was based on the political … implications of trade and luxury, conceived as a kind of social innovation explaining the wealth of nations. During the first half … of the 19th century, the Classical economic approach was formed around the links between luxury, technical innovation and …

Condemnation or glorification of luxury is a classic and recurrent question in the history of political ideas. Today … in the history of economic thought, and, more specifically, in the quarrel of luxury that occurred during the … Enlightenment. If luxury is immoral, it is not necessarily obnoxious, it participates in the circulation of wealth, maintains a …

1. Understanding Luxury Shoppers, UHNWIs, and the Science of Mind Reading -- 2. Profiling Luxury Shoppers, Emerging … Markets, and the Sense of Vibration -- 3. Identifying Profitable Markets, eVTOLs, and the Physiology of Luxury -- 4. Turning … Features into Benefits, Luxury Lifestyle, and the Sense of Motion -- 5. Creating Game-Changers, Sustainable Luxury, and Beauty …

attractive manufactured goods gives no incentive to farmers. Once a taste for 'luxury' emerges, normally stimulated by imports …

Building on a class of transcendental preferences for luxury, explicit solutions for price taking behavior and exchange … the lines discussed by Freixas and Mas-Colell (1987). The monotone comparative statics of the luxury effect is discussed …

Thanks to an intertemporal analytical model, we incorporate aspirational consumers in Veblen markets for luxury fashion … items. We show how a luxury monopolist can increase its profits thanks to the presence of counterfeit products. The genuine …

The study provides empirical support to the much conceptualized but not-yet-tested framework of luxury value … perceptions in cross-national context. Using five distinct parameters, the study compares the luxury value perceptions among … results support the notion that several luxury value perceptions may be highly influential among all cultures and countries …

preferences for luxury. The class contains Cobb-Douglas functions as no-luxury limit; its analytical tractability is probed by … terms of flows on bundle space; departure from homotheticity can thereby be represented by an index of luxury which measures …