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LUXURY PRICES: AN EXPOSITORY NOTE

Japanese Economic ReviewPublished 14 February 2008
Michele Piccione, Ariel Rubinstein
Citations18
SJR quartileQ2
SJR score0.70
SNIP0.77

Abstract

We study a model in which “useless ” luxury goods are a mechanism for redistribution. JEL Classification Number: C7, S477, B201 1.

Keywords

Economics, Econometrics and Finance