Relative Consumption Benchmarks
Economics Letters, 2008. Vol. 100, p. 204-207.
https://doi.org/10.1016/j.econlet.2008.01.011
This short paper generalizes the consumption externalities model of Dupor and Liu (AER, 2003) to allow for externalities of different magnitudes and directions (positive and negative) in different goods.
PDF file, November 2007 version
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