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Are Unpreferred Preferences Weak in Symbolic Content?

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  • David George

Abstract

“Symbolic consumption” is formally unrelated to “second-order preferences”, but the ability to symbolically consume and the ability to have preferences about one's preferences are each uniquely human characteristics. The major question addressed in this paper is this: are symbolic preferences more or less likely than other preferences to be “unpreferred” by the agent experiencing and acting upon them? In previous writings on second-order preferences, I demonstrated the propensity of market forces to overproduce preferences that are judged to be worse than what they replace and underproduce preferences that are judged to be better. In this paper, I offer reasons for believing that the market inefficiency in preference production suggests a decline in symbolic consumption.

Suggested Citation

  • David George, 2004. "Are Unpreferred Preferences Weak in Symbolic Content?," Review of Social Economy, Taylor & Francis Journals, vol. 62(3), pages 365-377.
    • Handle: RePEc:taf:rsocec:v:62:y:2004:i:3:p:365-377
    DOI: 10.1080/0034676042000253963
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    Cited by:

    1. Mert Bilgin, 2012. "The PEARL Model of Sustainable Development," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 107(1), pages 19-35, May.
    2. Wei-Tsong Wang & Wen-Hung Chang, 2014. "A study of virtual product consumption from the expectancy disconfirmation and symbolic consumption perspectives," Information Systems Frontiers, Springer, vol. 16(5), pages 887-908, November.

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