The Economy of Esteem: An Essay on Civil and Political Society

By Geoffrey H. Brennan, P. Pettit. 2004

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Academic honors and performance (2014, background): “Some economists have studied related issues—examples are Akerlof (1976) on reputation; Brennan and Pettit (2004) on esteem; Frank (1985), Frank andCook (1995), and Scitovsky (1976) on positional goods; Nalebuff and Stiglitz (2001) on incentives; and Auriol and Renault (2008) on social status.”
Analyzing collective action (2010, background): “As Brennan and Pettit (2004) stress, however, norms that help to solve social dilemmas need to be shared so that individuals who act contrary to the norm fear the reduction in esteem likely to occur.”