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The conspicuous consumption phenomenon in Saudi Arabia

Meteb, Alotaibi Mohamed - In: Prague economic papers : a bimonthly journal of … 33 (2024) 6, pp. 731-763

2018). The results of this paper indicate that social status and the dominance of customs and traditions, bank facilities …

Persistent link: https://www.econbiz.de/10015413390

Borrowing to keep up (with the joneses) : inequality, debt, and conspicuous consumption

Banuri, Sheheryar; Nguyen, Ha - 2020

The quest for status is a powerful motivator, but does it affect inequality? This paper presents a novel lab experiment … that was designed and conducted to identify the relationship between inequality, status signaling, debt, and conspicuous … signals ability/status). Second, borrowing increases when consumption is conspicuous. More critically, this increase in loan …

Persistent link: https://www.econbiz.de/10012297516

The willingness of Omani consumers to buy domestic versus imported products

Jamii, Aala al - In: Athens journal of business & economics : AJBE 11 (2025) 1, pp. 51-94

Persistent link: https://www.econbiz.de/10015441778

Boundedly rational demand

Kocourek, Pavel; Steiner, Jakub; Stewart, Colin - In: Theoretical economics : TE ; an open access journal in … 19 (2024) 4, pp. 1415-1442

Evidence suggests that consumers do not perfectly optimize, contrary to a critical assumption of classical consumer theory. We propose a model in which consumer types can vary in both their preferences and their choice behavior. Given data on demand and the distribution of prices, we identify...

Persistent link: https://www.econbiz.de/10015135346

Conspicuous consumption and conscientious conservation : testing for a status-prosociality link through need for uniqueness and variety seeking

Folwarczny, Michał; Gasiorowska, Agata; Valdimar Sigurdsson - In: Cleaner and responsible consumption 14 (2024), pp. 1-10

Whereas the environmental impact of buying luxury goods is debated, there is evidence that purchasing such products-often referred to as conspicuous consumption-can be more sustainable than hoarding cheaper alternatives because luxury goods are more durable and are often passed down through...

Persistent link: https://www.econbiz.de/10015386687

On the Inefficiency of Inequality

Schiff, Maurice W. - 2013

A number of studies have examined the implications of preference interdependence. This paper models individual utility as depending either on the level of other people's consumption or on the difference in consumption levels. It assumes that the impact of an increase in other people's...

Persistent link: https://www.econbiz.de/10012559782

Estimation of consumption functions using savings motive hypothesis (SMH)

Alani, Jimmy - In: International econometric review 14 (2022) 1, pp. 21-45

In this paper a new consumption function is derived based on savings motive hypothesis (SMH). The major theory behind the SMH is that households save part of their income in period 1 and transfer it to period 2. Implying that consumption in period 1 is the addition of autonomous consumption and...

Persistent link: https://www.econbiz.de/10013382408

Understanding purchase intention towards eco-friendly clothing for generation Y & Z

Abrar, Muhammad; Sibtain, Muhammad Muzummil; Shabbir, Rizwan - In: Cogent business & management 8 (2021) 1, pp. 1-19

), Social Status (SS), Green self-concept (GSC). An online survey of 347 consumers belonging to generation Y & Z was conducted …, Social Status (SS) only impacts subjective norms. Moreover, mediation analysis showed that attitude mediated all … relationships between Environmental Apparel knowledge (EAK), Social Status (SS), Green self-concept (GSC), and purchase intention …

Persistent link: https://www.econbiz.de/10012669055

The role of social group influences when intending to purchase premium alcohol

Cunningham, Nicole - In: Cogent business & management 10 (2023) 1, pp. 1-19

purchase intention of premium alcohol, while perceived behavioural control does not. Brand consciousness and status consumption … were found to have an impact on attitude and subjective norms respectively, with status consumption revealing the strongest …

Persistent link: https://www.econbiz.de/10014466624

Potential unexpected effects of meat reduction in diet : could educational attainment influence meat substitution strategies?

Levasseur, Pierre; Mariotti, François; Denis, Isabelle; … - In: Agricultural and Food Economics : AFE 12 (2024) 1, pp. 1-23

drinks, and sugar. By contrast, reduced meat consumption was associated with healthier nutritional status for the most … educated individuals. These results are robust to several measurements of socioeconomic status (SES) such as household income …

Persistent link: https://www.econbiz.de/10015375956