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Paternalism against Veblen: Optimal Taxation and Non-Respected Preferences for Social Comparisons
(2014-11)
This paper deals with optimal income taxation and relative consumption under a welfarist government that fully respects people’s preferences and a paternalist government that does not share the consumer preference for ...
Keeping others in our mind or in our heart? Distribution games under cognitive load
(2014-06)
It has recently been argued that giving is spontaneous while greed is calculated (Rand et al. 2012). If greed is calculated we would expect that cognitive load, which is assumed to reduce
the influence of cognitive ...
Genuine Saving and Conspicuous Consumption
(2014-11)
Much evidence suggests that people are concerned with their relative consumption, i.e., their consumption in relation to the consumption of others. Yet, the social costs of conspicuous consumption have so far played little ...