Black households suffer the most from rising inflation rates

Black households in the U.S. faced higher and more volatile inflation compared to white households from 2004 to 2020, reveals new research from the University of California San Diego's School of Global Policy and Strategy. ...

For cooperative teams, modesty leaves the best impression

People may forgo displaying luxury brands and other signals of status when they want to convince others that they will collaborate well with a team, as people who signal their wealth and social status could be perceived as ...

Study of luxury brand digital retailing during COVID-19

Luxury brands represent an important part of the global economy, albeit one that is generally accessible only to a small proportion of the world population. Research into the world of digital retailing in this realm has always ...

Luxury spending is up during the pandemic

Forget the early weight gain known as the "Quarantine 15," or the surge in floppy-eared pandemic pup adoptions—the newest COVID-19 trend is all about designer duds and flashy cars, and it comes with a hefty price tag.

Vanity plates in Greece may be a form of 'conspicuous corruption'

In Greece, drivers cannot legally purchase custom vanity plates. However, a new study confirms an open secret: that the country has an illegal market for acquiring license plates with distinctive number patterns, perhaps ...

Charles Darwin and conspicuous consumption: Why bling is blingy

Luxury brands are a prominent feature of modern society. Thorstein Veblen coined the term "conspicuous consumption" to describe how the upper classes showcased expensive goods without inherent practical benefits to demonstrate ...

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