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In this paper I consider how individuals allocate their time between church attendance (and other religious activities) and secular leisure activities. Moreover individuals use a cognitive style, which is either intuitive-believing or reflective-analytical. I assume that the full benefit from...
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Pakistan is an Islamic country and the current paper is an attempt to investigate empirically whether Islamic consumer theory is being applied in this country or not. This study has used a set of questionnaires distributed to all general consumers working in different walks of life in the city...
Persistent link: https://www.econbiz.de/10012946705
The paper supplements the theory of consumer behavior with insights from the primary sources of Islam. A consumer who maximizes utility operates within four dimensions: moderation, extravagance, waste, and niggardliness. These dimensions take different meanings in each social stratum. A...
Persistent link: https://www.econbiz.de/10013250195
This paper reviews the Thai national character according to Hofstede's cultural dimension theory and Komin's nine values cluster (Psychology of the Thai people), analyses the social hierarchy of Thai consumers according to the Luxury 4P Taxonomy (Han et al., 2010), integrates the Theory of...
Persistent link: https://www.econbiz.de/10011587631
This paper examines the impact of psychological needs on luxury consumption. Veblen's Theory of the Leisure Class (1899) invented the term "conspicuous consumption" to describe luxury goods and services, in which Veblen indicated the purpose of luxury consumption was to display wealth and social...
Persistent link: https://www.econbiz.de/10011688775
In this article, we present an understanding and critique of consumerism in the tradition of Christian social thought … that is both Catholic and personalist. We consider various approaches to the problem of consumerism. Is consumerism simply … culture's overall worldview? In answering these questions, we examine briefly five approaches to consumerism, that of John F …
Persistent link: https://www.econbiz.de/10014056887
We explore the dynamics of demand for n designs of a good when agents have preferences for (anti-)conformity. Agents differ in their social status and each agent seeks to imitate those of higher status and to distinguish herself from those of lower status, relative to her own status. In each...
Persistent link: https://www.econbiz.de/10012853696
This research examines the effects of socio-psychological factors on consumers' payment behaviour. Based on insights from the socio-psychological and payment literature we build a theoretical model of payment behaviour. We test this model empirically by focusing on the choice between cash and...
Persistent link: https://www.econbiz.de/10012979520