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This article reports on the outcome of a study by Nailya Ordabayeva (RSM) and Pierre Chandon (INSEAD, France). They examined the way equality influences the consumption decisions of people in bottom-tier social groups. They found equality increases the social gain provided by spending.

Participants

  • Nailya
    Role: Faculty
    Reference type: Featured
  • Barker, E.
    Role: General
    Reference type: Journalist

Media Outlets

  • Business Insider (Online)