On the cultural transmission of preferences for social status

Article Abstract:

An examination of the role of cultural transmission of preferences within the socio-economic context of consumption showed that there is little evidence to support the theory, that there is a degenerate distribution of the population that supports preferential and non-preferential modes of consumption. This is seen in the composition of the population, which is dynamically unstable, that at times is even shown to provide a proportionate mix of both preferential and non-preferential consumption behavior.

Consumer Behavior, Social aspects, Research, Consumption (Economics), Consumer preferences

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Markets as beneficial constraint on the government

Article Abstract:

Using Mirrlee's approach, the optimal fiscal policies in the anonymous markets are analyzed.

Usage, Economics, Control, Economic methods

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Bequests as signals: implications for fiscal policy

Article Abstract:

Impact of bequests on redistributive fiscal policies is examined.

Legacies, Bequests

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