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The paper critically discusses the issue of rationality and choices in economics in both the behavioural and … the analysis of economic choices, showing the limits of rationality. On the other hand, the work offers a reinterpretation … of the theory of Alfred Marshall in a biologicalevolutionary perspective. The reinterpretation of Marshall's theory in a …
Persistent link: https://www.econbiz.de/10009418485
This study investigates the framing effect of experiments that conducted among students. The main aim of this work is to show the results of an experiment conducted in Turkey how could affect behavior of subjects who were students in banking and insurance business studies department. By...
Persistent link: https://www.econbiz.de/10011105330
This study investigates the framing effect of experiments that conducted among students. The main aim of this work is to show the results of an experiment conducted in Turkey how could affect behavior of subjects who were students in banking and insurance business studies department. By...
Persistent link: https://www.econbiz.de/10011114947
distributional considerations. We explore how partial preferences can be introduced in the recent theory of welfare that has … developed from the theory of fair allocation. We revisit the key results of that theory in a framework with partial preferences …Behavioral economics has shaken the view that individuals have well-defined, consistent and stable preferences. This …
Persistent link: https://www.econbiz.de/10010610462
of the theory in a framework with partial preferences and shows how one can derive partial orderings of individual and …Behavioral economics has shaken the view that individuals have well-defined, consistent and stable preferences. This … raises a challenge for welfare economics, which takes as a key postulate that individual preferences should be respected …
Persistent link: https://www.econbiz.de/10010692953
on the choices the agents make. Likely to have been fixed in times of fierce selection pressure, this endowment is … inquire into the agents' preferences and to explain how they relate to the human genetic endowment and how they change over …
Persistent link: https://www.econbiz.de/10008764620
Nowadays, the value acquired by customers during shopping can be perceived in two dimensions: utilitarian and hedonic. In order to identify online group buying behaviour of young adult consumers, research was conducted among university students in Poland. The purpose of the research was to...
Persistent link: https://www.econbiz.de/10011266459
The purpose of this paper is to identify the types of value that arise in the shopping context and the factors that determine it, as well as to present consumer attitudes towards the value generated by experiential marketing activities. The paper presents the results of five focus group...
Persistent link: https://www.econbiz.de/10011266460
This study explores the customer satisfaction – loyalty relation in the context of online shopping by introducing various mediators, such as trust, attitude, hedonic value, and utilitarian value. For data collection, we used an online consumer survey in relation to Internet retailing. In this...
Persistent link: https://www.econbiz.de/10011183044
Of the two dimensions of creativity, novelty and meaningfulness, the importance of novelty is mixed in empirical managerial research. This study extends creativity research to consumers. The model first proposed that perceived value mediates the relationship between creativity and product...
Persistent link: https://www.econbiz.de/10011077417