{"id":75,"date":"2019-06-28T09:57:55","date_gmt":"2019-06-28T09:57:55","guid":{"rendered":"http:\/\/dipeg-wpe.unicas.it\/?p=75"},"modified":"2021-04-02T16:24:04","modified_gmt":"2021-04-02T16:24:04","slug":"working-paper-n-3-2019","status":"publish","type":"post","link":"https:\/\/dipeg-wpe.unicas.it\/?p=75","title":{"rendered":"D&#8217;Orlando &#038; Ricciotti &#8211; Escalation and Well-being"},"content":{"rendered":"\n<p><!--StartFragment--><strong>Working paper 3\/2019<\/strong><\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Escalation and Well-being<\/h1>\n\n\n\n<p><\/p>\n\n\n\n<p><em>Fabio D\u2019Orlando and Sharon Ricciotti<\/em><br>Universit\u00e0 di Cassino e del Lazio Meridionale<br><\/p>\n\n\n\n<p>June, 2019<\/p>\n\n\n\n<p><strong>Abstract: <\/strong> Escalation is a key characteristic of many consumption behaviors that has not received the theoretical attention it deserves. The aim of this paper is to propose both a definition and a theoretical treatment of escalation in consumption. We shall define escalation as the attempt to engage in consumption acts that are \u201cmore intense\u201d on a measurable quantitative or qualitative, objective or subjective, scale (more difficult ski slopes, stronger drugs, harder sex, better restaurants, riskier games, etc.), even if, previously, the subject preferred less intense consumption behaviors. Further, this evolution in preferences also occurs if the budget constraint does not change. We will find endogenous and exogenous theoretical microfoundations for escalation in models of hedonic adaptation, desire for novelty, acquisition of consumption skills, rising aspirations, positional effects, and envy. However, we will also discuss the possibility that the tendency to escalate is a specific innate behavior inherent to human nature. Finally, we will propose a preliminary theoretical formalization of such behavior and indicate the possible implications of taking escalation into adequate consideration.<\/p>\n\n\n\n<p>JEL codes: B52, D11, D90, D91, I31<\/p>\n\n\n\n<p>Keywords: Escalation, hedonic adaptation, consumption skills, envy, innovativeness, positional effects, aspirations<\/p>\n\n\n\n<p><a href=\"https:\/\/dipeg-wpe.unicas.it\/files\/wp_201903.pdf\">Download<\/a><\/p>\n\n\n<p><!--EndFragment--><\/p>","protected":false},"excerpt":{"rendered":"<p>Working paper 3\/2019 Escalation and Well-being Fabio D\u2019Orlando and Sharon RicciottiUniversit\u00e0 di Cassino e del Lazio Meridionale June, 2019 Abstract: Escalation is a key characteristic of many consumption behaviors that has not received the theoretical attention it deserves. The aim &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"more-link\" href=\"https:\/\/dipeg-wpe.unicas.it\/?p=75\"> <span class=\"screen-reader-text\">D&#8217;Orlando &#038; Ricciotti &#8211; Escalation and Well-being<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[83,80,50,77,79,78,81,82],"class_list":["post-75","post","type-post","status-publish","format-standard","hentry","category-wp_dipeeg","tag-aspirations","tag-consumption-skills","tag-dorlando","tag-envy","tag-escalation","tag-hedonic-adaptation","tag-innovativeness","tag-positional-effects"],"_links":{"self":[{"href":"https:\/\/dipeg-wpe.unicas.it\/index.php?rest_route=\/wp\/v2\/posts\/75","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dipeg-wpe.unicas.it\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dipeg-wpe.unicas.it\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dipeg-wpe.unicas.it\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dipeg-wpe.unicas.it\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=75"}],"version-history":[{"count":2,"href":"https:\/\/dipeg-wpe.unicas.it\/index.php?rest_route=\/wp\/v2\/posts\/75\/revisions"}],"predecessor-version":[{"id":85,"href":"https:\/\/dipeg-wpe.unicas.it\/index.php?rest_route=\/wp\/v2\/posts\/75\/revisions\/85"}],"wp:attachment":[{"href":"https:\/\/dipeg-wpe.unicas.it\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=75"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dipeg-wpe.unicas.it\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=75"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dipeg-wpe.unicas.it\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=75"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}