article
Bandwagon, Snob, and Veblen Effects in the Theory of Consumers' Demand
The Quarterly Journal of Economics · 1950 · Vol. 64(2) · pp. 183–183
Harvey Leibenstein✉(Princeton University)
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.
Economic theories and modelsEconomic Theory and InstitutionsEconomics of Agriculture and Food MarketsBandwagon effectVeblen goodEconomicsNeoclassical economicsPsychologySocial psychology
Citations
2,301
FWCI
0.00
field-weighted impact
References
0
Percentile
7%
vs. same field & year
Citations per year
Cited by
Incentives and Prosocial Behavior
American Economic Review · 2006 · 3,208 citations
Co-creating value for luxury brands
Journal of Business Research · 2009 · 932 citations
Influentials, Networks, and Public Opinion Formation
Journal of Consumer Research · 2007 · 1,875 citations
Systems Competition and Network Effects
The Journal of Economic Perspectives · 1994 · 2,642 citations
A Survey of Fake News
ACM Computing Surveys · 2020 · 984 citations
Related articles
Bandwagon, Snob, and Veblen Effects in the Theory of Consumers' Demand
The Quarterly Journal of Economics · 1950 · 2,301 citations
Citation Network
How this paper connects to the literature. Drag to explore, click any node to open that paper.