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Superiority-Seeking and the Preference for Exclusion

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NBER2022-08-01 更新2025-01-04 收录
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We propose that a persons desire to consume an object or possess an attribute increases in how much others want but cannot have it. We term this motive superiority-seeking, and show that it generates preferences for exclusion that help explain a host of market anomalies and make novel predictions in

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2022-08-01
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