All Stories

  1. Dynamic inefficiency by promoting relative consumption
  2. Structural change with non-essential and elastic goods
  3. Kaplow–Shavell welfarism without continuity
  4. An Omission of the Theory of the Second Best from Undergraduate Public Economics Textbooks
  5. Status Goods and Market Powers
  6. Quantity versus variety: Which aspect does status-seeking promote?
  7. Social Inefficiency of Free Entry with Status Effects
  8. Middle-status persons are Keeping up with the Joneses; others run away from it
  9. The Theory of Second Best and Third Best
  10. Status and welfare under monopolistic competition