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Bandwagon, Snob, and Veblen Effects in the Theory of Consumers' Demand
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.
European marriage patterns in perspective.
The marriage pattern of most of Europe as it existed for at least the 2 centuries preceding 1940 was unique or almost unique in the world. The distinctive marks of the European marriage pattern are a
The Theory of Underemployment in Backward Economies
IN THE literature on "underdeveloped areas" there are frequent assertions that such areas have a great deal of "disguised" or visible underemployment.2 Indeed, it has become commonplace to argue, as
A Branch of Economics is Missing Micro-Micro Theory
JN THE LIFE HISTORY of most sciences there are movements toward the study of larger aggregates or toward the detailed study of smaller and more fundamental units. My impression is that in most fields
Organizational or Frictional Equilibria, X-Efficiency, and the Rate of Innovation
I. Introduction, 600. — II. Utility-effort relations, 601. — III. The theory of inert areas, 606. — IV. Inert areas and the inducement of change, 612. — V. The innovational-diffusion model, 617. —