This paper shows that growth models featuring the representative consumer (RC) assumption can generate rich dynamics for the cross-sections of consumption, wealth and income. We consider a class of growth models with three sources of consumer heterogeneity : initial wealth, non-acquired skills...

Consumers' beliefs in the benefits of reducing fat intakes, especially saturated fat, and of increasing calcium intake from such foods dairy products, depend upon the acquired information related to diet and health. This study develops new health information measures from different sources. The...

In the optimal tax problem, the maximand is quasi-convex in consumer prices. In such a case, there exists no separating hyperplane between the upper contour set of the maximand and the constraint set. Therefore, the second order properties of optimal tax problems are somewhat non-standard...

Consumers’ confidence on the online transactions is vital for the continuous growth and development of electronic commerce. In the present study, we experimentally investigate the measures of consumers’ perceived security and privacy over online transactions as well as the perceived trust...

Both empowerment and the use of emergent technologies are ways to cope with increasing competition and customer demands on service industries. The relationship between empowerment, technology and behaviour at the service encounter is, however, sparsely documented. This article offers a...

Despite the abundance of empirical data on household energy consumption, it is hard to predict future developments because of the complexity of the household system. Multi-agent simulation offers a tool to get a better understanding of the relevant behavioural dynamics of the household system....

The supermarket equation is a differential equation peculiar to spatial science. The complex form of this equation is presented here and is used to study aggregate consumer shopping patterns. The focus is the relationship between trips to, and shopping within, planned shopping centres relative...

The recent food crises and its great diffusion through the media had as consequence a reduction of the European consumer's confidence, in general, and of the Portuguese ones in particular, in the products that they buy and consume. These events also served to disclose some of the existing...