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has been cited by the following article:

• TITLE: Conspicuous Ethical Consumption

  AUTHORS: Pascal Stiefenhofer

  KEYWORDS: Ethical Consumerism, Fair Trade, Ethical Preferences, Price-Dependent Pref-erences

  JOURNAL NAME: Theoretical Economics Letters, Vol.9 No.1, January 10, 2019

  ABSTRACT: This paper considers a group of consumers who have preferences over how a good is produced and distributed, rather its traits alone. Moreover, it is hypothesized that ethical preferences also depend on prices, and that prices inform consumers about the way goods are produced and distributed. The concept of conspicuous ethics is introduced in order to motivate the consumption of ethically produced goods. The paper states the assumptions and conditions representing the consumption behavior of the ethical consumer. It is shown that a price-dependent direct utility function provides the necessary structure in the characterization of the consumption behavior of the ethical consumer.