Título:
See it to believe it. Experimental evidence on status consumption among the youth
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Autor:
Alves, Guillermo
Leites, Martín
Salas, Gonzalo
Leites, Martín
Salas, Gonzalo
Tutor:
Tipo de documento:
Artículo
Editor:
Palabras clave:
Consumption
Status goods
Field experiment
Status goods
Field experiment
Descriptores:
ECONOMIA DEL CONSUMIDOR
INGRESOS
INGRESOS
Año de publicación:
2025
Contenido:
Resumen:
We performed a field experiment in Uruguay in which a 20-year-old chooses between a socially visible and a non-socially visible good after a friend randomly received one of these goods or an unknown one. We find no differences in choices when the friend received the nonvisible good instead of the unknown one. However, decision-makers significantly changed their allocation when their friend received the visible good. Consistent with status concerns driving the results, those in a disadvantaged position consumed more and those in an advantaged position consumed less of the visible good. These findings constitute the first experimental evidence of Duesenberry’s demonstration effects and show that status consumption is a relevant phenomenon among the youth in a developing country setting.
Descripción:
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Editorial:
Cambridge University
EN:
Experimental Economics, vol. 28, n° 1, pp. 107–127. https://doi.org/10.1017/eec.2024.15
Financiadores:
Citación:
ALVES, Guillermo, LEITES, Martín y SALAS, Gonzalo. See it to believe it. Experimental evidence on status consumption among the youth. Experimental Economics, 2025, vol. 28, n° 1, pp. 107–127. https://doi.org/10.1017/eec.2024.15
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Cobertura geográfica:
Uruguay
Cobertura temporal:
Departamento académico:
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Licencia:
Licencia Creative Commons Atribución - No Comercial - Sin Derivadas (CC - By-NC-ND 4.0)
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| Ficheros | Descripción | Tamaño | Formato | ||
|---|---|---|---|---|---|
| 10.1017.pdf | Artículo principal | 1.05 MB | Adobe PDF |