Abstract
The utility that an individual derives from a Veblen good is an increasing function of the individual’s consumption of the good relative to the consumption of others.
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Bibliography
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Curtis Eaton, B. (2018). Veblen Goods. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2321
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DOI: https://doi.org/10.1057/978-1-349-95189-5_2321
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