Positional good

Positional goods are goods valued only by how they are distributed among the population, not by how many of them there are available in total (as would be the case with other consumer goods). They have been theoreticized by Fred Hirsch.

Source: Wikipedia — Positional good (CC BY-SA 4.0)

Positional good

Positional goods are goods valued only by how they are distributed among the population, not by how many of them there are available in total (as would be the case with other consumer goods). They have been theoreticized by Fred Hirsch.

Source: Wikipedia "Positional good" · CC BY-SA 4.0

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