Conspicuous Consumption and Game Theory: Difference between revisions
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===Invidious Comparison=== | ===Invidious Comparison=== | ||
Invidious Comparison - When a member of a higher class practices conspicuous consumption in an attempt to separate themselves from the lower classes. | |||
===Pecuniary Emulation=== | ===Pecuniary Emulation=== |
Revision as of 03:20, 11 April 2006
Overview
Conspicuous Consumption
Thorstein Veblen
Invidious Comparison
Invidious Comparison - When a member of a higher class practices conspicuous consumption in an attempt to separate themselves from the lower classes.