Positional Externalities Cause Large and Preventable Welfare Losses

Frank, Robert H.

doi:10.1257/000282805774670392

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American Economic Review
May 2005
Positional Externalities Cause Large and Preventable Welfare Losses

Positional Externalities Cause Large and Preventable Welfare Losses

Robert H. Frank

American Economic Review

vol. 95, no. 2, May 2005

(pp. 137-141)

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Article Information

Citation

Frank, Robert, H. 2005. "Positional Externalities Cause Large and Preventable Welfare Losses." American Economic Review, 95 (2): 137-141. DOI: 10.1257/000282805774670392

JEL Classification

D11 Consumer Economics: Theory
D62 Externalities
D71 Social Choice; Clubs; Committees; Associations