A Theory of Association : Social Status, Prices and Markets

Basu, Kaushik (1987). A Theory of Association : Social Status, Prices and Markets. UNU-WIDER.

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  • Sub-type Working paper
    Author Basu, Kaushik
    Title A Theory of Association : Social Status, Prices and Markets
    Volume/Issue No. 1987/20
    Publication Date 1987
    Place of Publication Helsinki
    Publisher UNU-WIDER
    Pages 46
    Language eng
    Abstract

    The utility from some ´commodities´ depends on the allocation rule used to distribute it. If, for example, a prize for excellence in some field is given frequently to the highest bidders, its recipients would feel less happy than they would otherwise. S

    UNU Topics of Focus Education
    Keyword Psychological aspects (economics)
    Education
    Pricing
    Supply and demand
    Value
    Copyright Holder UNU-WIDER
    Copyright Year 1987
    Copyright type Fair use permitted
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    Created: Fri, 12 Feb 2016, 12:33:20 JST