Abstract

http://ssrn.com/abstract=1510904
 
 

References (7)



 


 



Positional Goods: A Diagrammatic Exposition


Massimiliano Vatiero


University of Lugano

October 1, 2009

Quaderni del Dipartimento di Economia Politica No. 575

Abstract:     
Positional good shares with public good the non-private characteristic of consumption: for a positional good, given the consumption choice of one party, the other(s) must consume a corresponding negative amount of what the first party chooses to consume. Therefore, we treat positional good in a diagrammatic illustration similar to the Samuelsonian criteria for the public good. The aim of this work is to introduce the implications for this in terms of Pareto efficiency.

Keywords: Positional Good, Externality

JEL Classification: D52, D61, D62

Accepted Paper Series


Not Available For Download

Date posted: November 21, 2009 ; Last revised: February 19, 2013

Suggested Citation

Vatiero, Massimiliano, Positional Goods: A Diagrammatic Exposition (October 1, 2009). Quaderni del Dipartimento di Economia Politica No. 575. Available at SSRN: http://ssrn.com/abstract=1510904

Contact Information

Massimiliano Vatiero (Contact Author)
University of Lugano ( email )
Via Giuseppe Buffi 13
Lugano, 6904
Switzerland
+41766122731 (Phone)
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