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The concept of diminishing marginal utility is a cornerstone of economic theory. The consumption of a good typically creates satiation that diminishes the marginal utility of consuming more. Temporal satiation induces consumers to increase their stimulation level by seeking variety and therefore...
Persistent link: https://www.econbiz.de/10008685488
Within this study selected empirical results out of a 3 year project concerning the analysis of Austrian panel data are presented. Raw data coming from the most important Austrian consumer tracking panel was analyzed with respect to consumers’ variety seeking and brand choice behavior. It is...
Persistent link: https://www.econbiz.de/10011069698
Marketing researchers have long used brand switching analyses and Markov transition matrices to gain insights into managerial problems. Almost without exception, this work makes (inappropriate) inferences about individual consumers by analyzing household-level data. This paper presents a...
Persistent link: https://www.econbiz.de/10009476758
Purpose The purpose of this paper is to study the drivers of service provider switching intention other than satisfaction and, additionally, analyse the moderating role of the type of service (utilitarian vs hedonic). Specifically, the authors study the effects of alternative attractiveness,...
Persistent link: https://www.econbiz.de/10013193226
This paper presents and estimates a dynamic choice model in the attribute space considering rational consumers. In light of the evidence of several state-dependence patterns, the standard attribute-based model is extended by considering a general utility function where pure inertia and pure...
Persistent link: https://www.econbiz.de/10005772135
This paper presents a dynamic choice model in the attribute space considering rational consumers that discount the future. In light of the evidence of several state-dependence patterns, the model is further extended by considering a utility function that allows for the different types of...
Persistent link: https://www.econbiz.de/10005772250
Previous research has suggested that households and individuals may possess multiple preferences for a given product category. These multiple preferences may be the result of multiple individuals, different uses and usage occasions, and/or variety seeking. As such, single ideal point models that...
Persistent link: https://www.econbiz.de/10005587008
The purpose of this study was to determine and analyze the influence of consumer dissatisfaction variable and needs to find a variation of the displacement decision brand (brand switching) Nokia mobile phone to a Blackberry in the Faculty of Law USU S-1. The authors draw the hypothesis that...
Persistent link: https://www.econbiz.de/10009464581
Purpose The purpose of this paper is to study the drivers of service provider switching intention other than satisfaction and, additionally, analyse the moderating role of the type of service (utilitarian vs hedonic). Specifically, the authors study the effects of alternative attractiveness,...
Persistent link: https://www.econbiz.de/10012182628
Purpose - The present study is aimed at examining the antecedents of online shopping user behavior and customer satisfaction. More specifically, (1) the effect of social influence, variety seeking behavior, advertising and convenience on user behavior, and (2) the effect of user behavior on...
Persistent link: https://www.econbiz.de/10013341302