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Area of Science:

  • Behavioral Economics
  • Sociology
  • Criminology

Background:

  • Conspicuous consumption and Veblen goods demonstrate status through purchasing power.
  • Higher income is often linked to increased unethical behavior.
  • Illicit activities can be used as status symbols, indicating wealth and power.

Purpose of the Study:

  • To investigate the phenomenon of

Main Methods:

  • Country-level data analysis in Greece.
  • Examining the correlation between unique license plates and vehicle characteristics.
  • Inferring illegal acquisition of license plates.

Main Results:

  • Distinguishing license plates, acting as vanity plate surrogates, are more prevalent on luxury vehicles with larger engines.
  • This pattern suggests illegal acquisition, such as graft, as official channels do not permit such customization.
  • Illegality is displayed as a status symbol in a practice termed "conspicuous corruption."

Conclusions:

  • Illicit behavior can be commodified and displayed as a status symbol.
  • The study highlights a novel form of conspicuous consumption and corruption.
  • Policy implications for preventing the display of illegal status symbols.