我们在个体的效用函数中同时引入两种社会地位偏好，即，由财富水平代表的地位和由才干水平代表的地位。

We simultaneously introduce two kinds of social status preference into the individual's utility function, that is, the status defined by his wealth level and the status defined by his ability level.

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传统经济学把财富视为经济人效用函数的唯一变量，这早就受到历史学派和制度学派的批驳。

Traditional economics regards fortune as the only variable of utility function, which has been critiqued by new historical school and institutional economic school.

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