The standard microeconomic assumption of a household utility function raises two theoretical problems: it contradicts methodological individualism and it ignores economic phenomena such as income and consumption sharing, division of labor, externalities and altruism within a household. This...

This paper detects pro-girl (age 5-15) bias in intrahousehold allocation of consumption budget in the rural Philippines using Deaton’s “adult goods” method. Based on additional checks (including those for endogeneity), the results appear to be robust. The paper also finds that a larger...

The globalization of the economy and the spread of information about MNEs' have spurred the social consciousness of consumers around the world. This process has in turn stimulated firms' interest to know then value consumers attach to socially responsible activities. Despite growing interest, it...

This paper studies the consumption decisions of agents who face costs of acquiring, absorbing and processing information. These consumers rationally choose to only sporadically update their information and re-compute their optimal consumption plans. In between updating dates, they remain...

What drives the behavior of consumers when faced with a product-related crisis, such as that involving food contamination or live-threatening design flaws? For both consumers and companies, these crises have become of increasing importance because of the globalization of markets and an increased...

What drives the behavior of consumers when faced with a product-related crisis, such as that involving food contamination or live-threatening design flaws? For both consumers and companies, these crises have become of increasing importance because of the globalization of markets and an increased...

The media industry has undergone a fundamental shift over the last decade as new online distribution channels have proliferated in an unprecedented manner. Although mobile devices have experienced rapid adoption among consumers, their effect on consumer behavior and their subsequent implications...

This article investigates two research questions concerning web shopping tools. The first asks how online decision aids can support a consumer’s non-cognitive decision processes. The second asks how these tools support non-cognitive online shopping for products of different categories. To...

A tremendous amount of news coverage and analysis of privacy issues has been driven by surveys of consumers showing high levels of concern. For this study, the authors reviewed 23 privacy surveys to assess their real usefulness to policymakers. Polls rarely play as large a role in policymaking...

This research tries to evaluate how much COVID-19 affects consumer behavior in the U.S. and Japan. Hence, this study wants to present two new concepts, followed by the massive unnecessary overconsumption levels and massive irreversible underconsumption levels. The main objective is to determine...