The economics of escalation
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DOI: 10.1177/1043463120985310
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More about this item
Keywords
Consumption; consumers’ behavior; escalation; hedonic adaptation; consumption skills; envy;All these keywords.
JEL classification:
- B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
- D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
- D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
- I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
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