status. While briefly reviewing evidence from different literatures that is consistent with the existence of preferences for … status, we pay special attention to experimental work that attempts to study status directly by inducing it in the lab …

Some economists argue that consumption of publicly visible goods is driven by social status. Making a causal inference … status or randomly assigned. Making consumption choices visible leads to a large increase in demand when income is linked to … status, but not otherwise. We investigate the characteristics that mediate this effect and estimate its impact on welfare …