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Stiefenhofer, P., & Zhang, W. (2020). Conspicuous Ethics: A Veblen Effect Condition for Ethical Consumption Goods. Applied Economics Letters, 28, 217-236.
https://doi.org/10.1080/13504851.2020.1855306

has been cited by the following article:

• TITLE: Towards Understanding Prices and Ethics: Ethical Consumers with Price-Dependent Utilities

  AUTHORS: Pascal Stiefenhofer

  KEYWORDS: Ethical Consumption, Price-Dependent Utility, Ethical Prices

  JOURNAL NAME: Theoretical Economics Letters, Vol.11 No.3, June 3, 2021

  ABSTRACT: This paper analysis ethical consumption behavior with price-dependent ethical preferences. It extends the definition of goods to include ethical values in the preferences and introduces a mathematically tractable definition of social labels paving the way for new theoretical and empirical developments. Relationships between the standard economic model and the ethical consumption model with price-dependent utilities are established.