Gambling to leapfrog in status? (vol 15, pg 1291, 2017)

被引:0
|
作者
Friehe, Tim [1 ,2 ]
Mechtel, Mario [3 ,4 ]
机构
[1] Univ Marburg, Publ Econ Grp, Plan 2, D-35037 Marburg, Germany
[2] CESifo, Munich, Germany
[3] Leuphana Univ Luneburg, Inst Econ, Scharnhorststr 1, D-21335 Luneburg, Germany
[4] IAAEU, Trier, Germany
关键词
Behavioral economics; Conspicuous consumption; Gambling; Relative income; Status;
D O I
10.1007/s11150-015-9312-y
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper tests our theoretical prediction that households with positional concerns use gambling to attempt leapfrogging in the social hierarchy. We rely on household data that is representative for Germany and proxy the households' positional concerns by their expenditures for conspicuous consumption. Our empirical results strongly indicate that households who care about status are not only more likely to participate in gambling but also to invest more in gambling.
引用
收藏
页码:1321 / 1322
页数:2
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