{"id":1253,"global_id":"research.reading.ac.uk\/economics?id=1253","global_id_lineage":["research.reading.ac.uk\/economics?id=1253"],"author":"206","status":"publish","date":"2020-01-24 09:02:35","date_utc":"2020-01-24 09:02:35","modified":"2020-02-13 10:09:55","modified_utc":"2020-02-13 10:09:55","url":"https:\/\/research.reading.ac.uk\/economics\/event\/status-consumption-and-intertemporal-substitution-anurag-srivastava-economics-phd-seminar\/","rest_url":"https:\/\/research.reading.ac.uk\/economics\/wp-json\/tribe\/events\/v1\/events\/1253","title":"Status consumption and intertemporal substitution &#8212; Anurag Srivastava (Economics PhD seminar)","description":"<p><strong>Abstract:<\/strong><\/p>\n<p>The empirical measurements of status consumption have focused on visible consumption in developed markets. We use a framework of demand for quality under uncertainty and endowment effects to interpret status as a long-term goal of the consumer in an intertemporal substitution setting. The stochastic and non-stochastic models thus formulated may be more pertinent to the demand for status consumption in developing markets where urban developments are concentrated and wealth differences are higher.<\/p>","excerpt":"","slug":"status-consumption-and-intertemporal-substitution-anurag-srivastava-economics-phd-seminar","image":false,"all_day":false,"start_date":"2020-02-13 13:00:00","start_date_details":{"year":"2020","month":"02","day":"13","hour":"13","minutes":"00","seconds":"00"},"end_date":"2020-02-13 14:00:00","end_date_details":{"year":"2020","month":"02","day":"13","hour":"14","minutes":"00","seconds":"00"},"utc_start_date":"2020-02-13 13:00:00","utc_start_date_details":{"year":"2020","month":"02","day":"13","hour":"13","minutes":"00","seconds":"00"},"utc_end_date":"2020-02-13 14:00:00","utc_end_date_details":{"year":"2020","month":"02","day":"13","hour":"14","minutes":"00","seconds":"00"},"timezone":"Europe\/London","timezone_abbr":"GMT","cost":"","cost_details":{"currency_symbol":"","currency_code":"","currency_position":"prefix","values":[]},"website":"","show_map":true,"show_map_link":true,"hide_from_listings":false,"sticky":false,"featured":false,"categories":[{"name":"PhD Seminars","slug":"phd-seminars","term_group":0,"term_taxonomy_id":11,"taxonomy":"tribe_events_cat","description":"","parent":0,"count":76,"filter":"raw","terms_order":"0","id":11,"urls":{"self":"https:\/\/research.reading.ac.uk\/economics\/wp-json\/tribe\/events\/v1\/categories\/11","collection":"https:\/\/research.reading.ac.uk\/economics\/wp-json\/tribe\/events\/v1\/categories"}}],"tags":[],"venue":{"id":841,"author":"206","status":"publish","date":"2019-08-19 17:00:46","date_utc":"2019-08-19 16:00:46","modified":"2019-08-19 17:00:46","modified_utc":"2019-08-19 16:00:46","url":"https:\/\/research.reading.ac.uk\/economics\/venue\/edith-morley-175\/","venue":"Edith Morley 175","slug":"edith-morley-175","json_ld":{"@type":"Place","name":"Edith Morley 175","description":"","url":"","address":{"@type":"PostalAddress"},"telephone":"","sameAs":""},"show_map":true,"show_map_link":true,"global_id":"research.reading.ac.uk\/economics?id=841","global_id_lineage":["research.reading.ac.uk\/economics?id=841"]},"organizer":[],"json_ld":{"@context":"http:\/\/schema.org","@type":"Event","name":"Status consumption and intertemporal substitution &#8212; Anurag Srivastava (Economics PhD seminar)","description":"&lt;p&gt;Abstract: The empirical measurements of status consumption have focused on visible consumption in developed markets. We use a framework of demand for quality under uncertainty and endowment effects to interpret...&lt;a class=&quot;read-more&quot; href=&quot;&#104;&#116;&#116;&#112;&#115;&#058;&#047;&#047;&#114;&#101;&#115;&#101;&#097;&#114;&#099;&#104;&#046;&#114;&#101;&#097;&#100;&#105;&#110;&#103;&#046;&#097;&#099;&#046;&#117;&#107;&#047;&#101;&#099;&#111;&#110;&#111;&#109;&#105;&#099;&#115;&#047;&#101;&#118;&#101;&#110;&#116;&#047;&#115;&#116;&#097;&#116;&#117;&#115;&#045;&#099;&#111;&#110;&#115;&#117;&#109;&#112;&#116;&#105;&#111;&#110;&#045;&#097;&#110;&#100;&#045;&#105;&#110;&#116;&#101;&#114;&#116;&#101;&#109;&#112;&#111;&#114;&#097;&#108;&#045;&#115;&#117;&#098;&#115;&#116;&#105;&#116;&#117;&#116;&#105;&#111;&#110;&#045;&#097;&#110;&#117;&#114;&#097;&#103;&#045;&#115;&#114;&#105;&#118;&#097;&#115;&#116;&#097;&#118;&#097;&#045;&#101;&#099;&#111;&#110;&#111;&#109;&#105;&#099;&#115;&#045;&#112;&#104;&#100;&#045;&#115;&#101;&#109;&#105;&#110;&#097;&#114;&#047;&quot;&gt;Read More &gt;&lt;\/a&gt;&lt;\/p&gt;\\n","url":"https:\/\/research.reading.ac.uk\/economics\/event\/status-consumption-and-intertemporal-substitution-anurag-srivastava-economics-phd-seminar\/","eventAttendanceMode":"https:\/\/schema.org\/OfflineEventAttendanceMode","startDate":"2020-02-13T13:00:00+00:00","endDate":"2020-02-13T14:00:00+00:00","location":{"@type":"Place","name":"Edith Morley 175","description":"","url":"","address":{"@type":"PostalAddress"},"telephone":"","sameAs":""},"performer":"Organization"}}