Conspicuous consumption, snobbism and conformism
[published article NOT READ; only the abstract of its working-paper predecessor was read, 2026-10-19] Corneo, G., & Jeanne, O. (1997). 'Conspicuous consumption, snobbism and conformism.' Journal of Public Economics, 66(1), 55-71. doi:10.1016/S0047-2727(97)00016-9. the working paper models conspicuous consumption as a device that signals the consumer's social status, status being some function of the individual's rank in the wealth hierarchy, and says the approach 'makes it possible to distinguish between snob and conformist consumer behavior'. THE COUNTERINTUITIVE RESULT THE ARTICLE NEEDS: 'It is shown that when behavior is conformist, the market demand curve for the good can exhibit a posit
[published article NOT READ; only the abstract of its working-paper predecessor was read, 2026-10-19] Corneo, G., & Jeanne, O. (1997). 'Conspicuous consumption, snobbism and conformism.' Journal of Public Economics, 66(1), 55-71. doi:10.1016/S0047-2727(97)00016-9. the working paper models conspicuous consumption as a device that signals the consumer's social status, status being some function of the individual's rank in the wealth hierarchy, and says the approach 'makes it possible to distinguish between snob and conformist consumer behavior'. THE COUNTERINTUITIVE RESULT THE ARTICLE NEEDS: 'It is shown that when behavior is conformist, the market demand curve for the good can exhibit a posit
Written from the published article NOT READ; only the abstract of its working-paper predecessor was read, 2026-10-19.
What our sources record
Recorded when this source was checked, figures included, with page references and quotation marks removed.
Corneo, G., & Jeanne, O. (1997). Conspicuous consumption, snobbism and conformism. Journal of Public Economics, 66(1), 55-71. doi:10.1016/S0047-2727(97)00016-9.