A joint reading of positional and relational goods
Additional information
Authors
Fiorito L.,
Vatiero M.
Type
Journal Article
Year
2013
Language
English
Abstract
Both relational and positional goods are based upon an idea of joint consumption - though with opposite signs. Indeed, in both cases, individuals' consumption choices take into account not only the individuals themselves, but others, as well. Given that relational goods provide a form of identity to their consumers, we show that a certain degree of positionality emerges within the consumption of relational goods. Analogously, except in a two-agent context, each positional good also has a relational component. What emerges is a complex structure of economic outcomes based on both relational and positional motives.
Journal
Economia politica : Journal of analytical and institutional economics
Volume
1
Pages (or article number)
87-96
DOI
Diffusion
License
License undefined
Visibility
Public
Status open access
Green