Ever wonder why we drop $1,000s on a Chanel bag or queue for ages for a Labubu doll? Status signaling drives a lot of human behavior, but how certain things become potent status symbols has a remained a big puzzle in social science
In our new paper we:
1. Synthesize the literature on this topic and propose a generative model of status signaling through the theory of appropriateness: people imitate what "someone like us" is supposed to want, display, and value
2. Show that we can simulate the theory to demonstrate how status symbols emerge with LLM-agent societies in Concordia
@jordigraumo @WilCunningham Sasha Vezhnevets and
@jzl86