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| quote: | Originally posted by wotyzoid
    
pathetic |
I know your grasp of English is pretty limited, but you can last at least a few seconds into an academic paper, can't you?
| quote: | | This paper examines a static, competitive economy where the production of a consumption good generates pollution that adversely affects human welfare. Preferences are defined over consumption, leisure, pollution, and economic status. Each person's status increases with her own consumption, but decreases with the average consumption of society. The achievement of a Pareto efficient resource allocation requires a consumption tax to offset the incentive to overconsume in the pursuit of enhanced status. |
That clear enough for you?
By the way, I specifically did the search with "overconsume" within quote marks, meaning 100% of the results feature that exact term.
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