Germany is one of the five largest consumer markets in the world. Given that both supply chains and water consumption in agriculture, industry and underlying resource extraction and energy generation are globally intertwined, consumption in Germany undeniably has a major impact on global water...

The authors investigate the desirability of income taxes when the objective is to mitigate wasteful conspicuous consumption generated by people's status-seeking behavior. They consider the joint role of pre-tax wage inequality and of social norms determining how social status is assigned. They...