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A Joint Reading of Positional and Relational Goods

Author

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  • Luca Fiorito
  • Massimiliano Vatiero

Abstract

Both relational and positional goods are based upon an idea of joint consumption - though withopposite signs. Indeed, in both cases, individuals' consumption choices take into account not only theindividuals themselves, but others, as well. Given that relational goods provide a form of identity to theirconsumers, we show that a certain degree of positionality emerges within the consumption of relationalgoods. 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.

Suggested Citation

  • Luca Fiorito & Massimiliano Vatiero, 2013. "A Joint Reading of Positional and Relational Goods," Economia politica, Società editrice il Mulino, issue 1, pages 87-96.
    • Handle: RePEc:mul:jb33yl:doi:10.1428/73101:y:2013:i:1:p:87-96
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    Cited by:

    1. Nicolò Bellanca & Stefania Innocenti, 2013. "Resistance to Change in Recent Italy: Some Elements for a Theoretical Framework," Working Papers - Economics wp2013_31.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
    2. Francesco Reito & Salvatore Spagano, 2017. "Joint liability taxation and group auditing," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 34(2), pages 305-327, August.
    3. Ugo Pagano & Massimiliano Vatiero, 2017. "Positional goods and legal orderings," Department of Economics University of Siena 773, Department of Economics, University of Siena.
    4. Nicolò Bellanca, 2014. "Vulnerabili e appassionati. Sui fondamenti antropologici della scienza economica," Working Papers - Economics wp2014_05.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.

    More about this item

    Keywords

    J.E.L. D11; K00;

    JEL classification:

    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • K00 - Law and Economics - - General - - - General (including Data Sources and Description)

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