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How Financial Constraints Influence Consumer Behavior: An Integrative Framework

Journal of Consumer Psychology, 2018
Financial constraints are economic limitations on behavior. Given that millions of people experience chronic or episodic financial constraints, we sought to review research that provides insight into how they affect consumer behavior.
Rebecca W. Hamilton   +4 more
semanticscholar   +1 more source

Decisions and Consumer Behavior

2018
1. Let \(u(x_{1},x_{2})=x_{1}+x_{2}\) be a utility function. There exists no preference relation which is represented by this utility function. 2. Let \(x_{1}\succ x_{2}\) and \(x_{2}\succ x_{3}\). Then, the assumption of transitivity implies that \(x_{1}\succ x_{3}\). 3.
Magnus Hoffmann, Martin Kolmar
openaire   +2 more sources

A Characterization of Rationalizable Consumer Behavior [PDF]

open access: possibleEconometrica, 2014
For an arbitrary finite or infinite dataset D of prices and corresponding chosen bundles, it is shown that the following three conditions are equivalent. (i) D satisfies GARP; (ii) D can be rationalized by a utility function; (iii) D can be rationalized by a strictly increasing, quasiconcave utility function.
openaire   +3 more sources

Potential Consumers in Consumer Behavior Models

Research Papers in Economics, 2016
This study analyzes the consumer behavior of three groups: non-participants, potential consumer and current buyer by using a two-stage sample-selection model incorporating a binary probit model and an ordered probit model. Different from the previous research which A consumer survey about fresh mushroom consumption in the U.S was conducted which allows
Jiang, Yuan   +7 more
openaire   +2 more sources

Online Consumer Behavior

2006
One convenient way of describing consumer behavior both off-line and online is to present the topic as a model representing the steps typical consumers go through when they acquire the goods and services they desire. These steps are Need Recognition, Information Search, Pre-purchase Alternative Evaluation, Purchase, Consumption and Post Consumption ...
openaire   +1 more source

Consumer behavior in hospitality and tourism

Consumer Behaviour in Hospitality and Tourism, 2019
Consumer behavior includes individual decision-making (IDM). IDM has implications in customer satisfaction, loyalty and other behavioral intentions toward the organizations’ products and services.
S. Dixit, Kuan-Huei Lee, P. Loo
semanticscholar   +1 more source

Consumer Products and Consumer Behavior

2017
This chapter argues that in many markets, consumers face a choice problem in which the marginal cost of obtaining additional information necessary to improve a purchase decision exceeds the marginal benefit of the improved decision. For example, in the United States there are over five-hundred different brands and variations on brands of breakfast ...
openaire   +2 more sources

Emotions and Consumer Behavior

Journal of Consumer Research, 2014
The impact of emotions on judgments, evaluations, and decisions has long been important to psychology and consumer behavior. The field’s focus has progressed from demonstrations that emotions, like cognitions, do have an impact on consumption, to more nuanced understandings of what drives the experience of discrete emotional states, how those discrete ...
openaire   +2 more sources

Humor, Comedy, and Consumer Behavior

, 2018
Consumers regularly experience humor while buying and using products, procuring services, and engaging in various consumption experiences, whether watching a movie or dining with colleagues.
Caleb Warren, A. Barsky, A. P. Mcgraw
semanticscholar   +1 more source

Consumer decision‐making in omnichannel retailing: Literature review and future research agenda

International Journal of Consumer Studies, 2021
Rajesh Kumar Singh   +2 more
exaly  

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