Clubs as status symbol: Would you belong to a club that accepts you as a member

Détails

ID Serval
serval:BIB_8DC94DDE849E
Type
Article: article d'un périodique ou d'un magazine.
Collection
Publications
Institution
Titre
Clubs as status symbol: Would you belong to a club that accepts you as a member
Périodique
Socio-Economic Planning Science
Auteur⸱e⸱s
van Ackere A., Haxholdt C.
ISSN
00380121
Statut éditorial
Publié
Date de publication
06/2002
Peer-reviewed
Oui
Volume
36
Numéro
2
Pages
93-107
Langue
anglais
Résumé
We present a stylised model that goes beyond traditional analyses involving crowding and exclusiveness, and addresses the status issue by asking 'Do I want to be associated with those individuals?' rather than 'Do I want to be associated with that many individuals?'. As the population cares more about status, exclusion from well-defined groups/clubs occurs: less desirable individuals are refused. Inability to exclude induces the most desirable individuals to leave, and the club collapses. Offering honorary membership to the most desirable potential members is not only a commercially optimal strategy when exclusion is not allowed, it even outperforms exclusion as a revenue maximisation strategy.
Création de la notice
02/06/2009 14:27
Dernière modification de la notice
21/08/2019 6:12
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