Positional Externalities Cause Large and Preventable Welfare Losses
American Economic Review
vol. 95,
no. 2, May 2005
(pp. 137-141)
Citation
Frank, Robert, H. 2005. "Positional Externalities Cause Large and Preventable Welfare Losses." American Economic Review, 95 (2): 137-141. DOI: 10.1257/000282805774670392JEL Classification
- D11 Consumer Economics: Theory
- D62 Externalities
- D71 Social Choice; Clubs; Committees; Associations