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Status, Growth and the Environment : Goods As Symbols in Applied Welfare Economics by Richard B. Howarth and Kjell Arne Brekke (2002, Hardcover)

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Author: Kjell Arne Brekke, Richard B. Howarth. They further contend that this calls for the incorporation of status preferences in economic models. Format: Hardback. It will also be of great relevance to anyone with an interest in applied welfare economics.

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Product Information

Applied welfare economics proceeds from the assumption that preferences are fixed and independent of social context. Social psychologists and anthropologists, in contrast, interpret preferences as being strongly shaped by culture and the prevailing social norms. This viewpoint is supported by a wealth of evidence from ethnographies, social surveys, and experimental studies. Integrating theory and evidence from a range of social sciences, the authors argue that the satisfaction derived from material goods depends upon their symbolic meaning, as people use goods to reinforce a positive social identity. They further contend that this calls for the incorporation of status preferences in economic models. The book finds that concerns over social status may lead decision makers to significantly overvalue consumption and undervalue the natural environment. In addition, income and consumption taxes that are normally regarded as 'distortionary' may be necessary to address the social costs of status signalling. Based on the available evidence, the authors argue that failing to account for status preferences can lead to flawed policy prescriptions in debates over optimal taxation, the economics of climate change and Environmental Kuznets Curves. To address this bias, the book offers a tractable, operational, and theoretically grounded approach to the economics of social status. Students and scholars of ecological, environmental and resource economics will find Status, Growth and the Environment to be a highly original and fascinating read. It will also be of great relevance to anyone with an interest in applied welfare economics.

Product Identifiers

Publisher
Elgar Publishing, Incorporated, Edward
ISBN-10
1840644338
ISBN-13
9781840644333
eBay Product ID (ePID)
2285384

Product Key Features

Author
Kjell Arne Brekke, Richard B. Howarth
Publication Name
Status, Growth and the Environment : Goods As Symbols in Applied Welfare Economics
Format
Hardcover
Language
English
Publication Year
2002
Type
Textbook
Number of Pages
208 Pages

Dimensions

Item Length
9.4in
Item Height
0.8in
Item Width
6.6in
Item Weight
16.1 Oz

Additional Product Features

Lc Classification Number
Hb99.3.B72 2003
Reviews
'Status, Growth and the Environment is an impressive book. It employs a series of well-known mathematical models to explore ideas that have previously been discussed in a qualitative way.'
Table of Content
Contents: Preface 1. Introduction 2. Consumption, Identity and Behavioral Motivation 3. The Psychology of Well-Being 4. Modelling Socially Contingent Preferences 5. Status Signalling and Environmental Externalities 6. Status Signalling and Taxation 7. Status Signalling and Climate Change 8. Status Signalling and Economic Growth 9. Status Signalling and Environmental Kuznets Curves 10. Social Status in Applied Welfare Economics: Models and Rhetoric Bibliography Index
Copyright Date
2002
Topic
Investments & Securities / Commodities / General, Environmental Economics, Public Policy / Social Services & Welfare, General
Lccn
2002-032051
Dewey Decimal
330.15/56
Intended Audience
Scholarly & Professional
Dewey Edition
21
Illustrated
Yes
Genre
Self-Help, Business & Economics, Political Science

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Picture 1 of 1

Status, Growth and the Environment : Goods As Symbols in Applied Welfare Economics by Richard B. Howarth and Kjell Arne Brekke (2002, Hardcover)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

All listings for this product

item 1 Kjell Arne Brekke Richard B. Status, Growth and the Envi (Hardback) (UK IMPORT)

item 2 Status, Growth and the Environment : Goods As Symbols in Applied Welfare Econ...

item 3 Status, Growth and the Environment : Goods As Symbols in Applied Welfare Econ...

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