NEGATIVE INTERGROUP EXTERNALITIES AND MARKET DEMAND

Authors
KATZ E SPIEGEL U
Citation
E. Katz et U. Spiegel, NEGATIVE INTERGROUP EXTERNALITIES AND MARKET DEMAND, Economica, 63(251), 1996, pp. 513-519
Citations number
14
Categorie Soggetti
Economics
Journal title
Economica → ACNP
ISSN journal
00130427
Volume
63
Issue
251
Year of publication
1996
Pages
513 - 519
Database
ISI
SICI code
0013-0427(1996)63:251<513:NIEAMD>2.0.ZU;2-A
Abstract
In this paper we suggest and analyse an aggregate demand curve with a positively sloped section that derives from negative consumption exter nalities between groups. Our analysis suggests a new interpretation of the demand pattern for some Veblen-type goods.