Materialism on the March: From Conspicuous Leisure to Conspicuous Consumption?
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Frijters, Paul
Leigh, Andrew
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Elsevier
Abstract
This paper inserts Veblen's [Veblen, T., 1898, The Theory of the Leisure Class. The Viking Press, New York] concepts of conspicuous leisure and conspicuous consumption into a very simple model. Individuals have the choice to either invest their time into
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Journal of Socio-Economics
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2037-12-31