Bandwagon, Snob, and Veblen Effects in the Theory of Consumers' Demand
- 1 May 1950
- journal article
- Published by Oxford University Press (OUP) in The Quarterly Journal of Economics
- Vol. 64 (2) , 183-207
- https://doi.org/10.2307/1882692
Abstract
I. The nature of the problem, 183. — II. Functional and nonfunctional demand, 188. — III. The bandwagon effect, 190. — IV. The snob effect, 199. — V. The Veblen effect, 202. — VI. Mixed effects, 205. — VII. Conclusion, 206.Keywords
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