A Joint Reading of Positional and Relational Goods

Published in Economia Politica, 2013, issue 1, pp. 87-96

11 Pages Posted: 22 Jul 2014 Last revised: 16 Aug 2016

See all articles by Luca Fiorito

Luca Fiorito

University of Palermo

Massimiliano Vatiero

University of Trento - Department of Economics and Management; Università della Svizzera italiana

Date Written: July 1, 2012

Abstract

Both relational and positional goods are based upon an idea of joint consumption – though with opposite signs. Indeed, in both cases, individuals’ consumption choices take into account not only the individuals themselves, but others, as well. Given that relational goods provide a form of identity to their consumers, we show that a certain degree of positionality emerges within the consumption of relational goods. Analogously, except in a two-agent context, each positional good also has a relational component. What emerges is a complex structure of economic outcomes based on both relational and positional motives.

Keywords: positional goods, relational goods

JEL Classification: D11, K00

Suggested Citation

Fiorito, Luca and Vatiero, Massimiliano, A Joint Reading of Positional and Relational Goods (July 1, 2012). Published in Economia Politica, 2013, issue 1, pp. 87-96. Available at SSRN: https://ssrn.com/abstract=2469078 or http://dx.doi.org/10.2139/ssrn.2469078

Luca Fiorito

University of Palermo ( email )

Viale delle Scienza
Palermo, 90128
Italy

Massimiliano Vatiero (Contact Author)

University of Trento - Department of Economics and Management ( email )

Via Inama 5
Trento, I-38100
Italy

Università della Svizzera italiana ( email )

Via Giuseppe Buffi 13
Lugano, Ticino 6900
Switzerland

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