STABLE INCOME CONSUMER BEHAVIOR CHARACTERISTICS PDF Download

Author: John Lok
Publisher:
ISBN:
Category :
Languages : en
Pages : 56

View

Book Description

Author: Johnny Ch LOK
Publisher:
ISBN:
Category :
Languages : en
Pages : 83

View

Book Description
In behavioral economic view point, it explains how consumer's consumption, however, which excludes the stable basic income earn factor can influence the stable basic income earn target consumer group decides to make final consumption decision to compare to the non-stable basic income earn target consumer group. The reasons include as below:(1)Consumers evaluate decisions over gains and losses with repect to some natural reference point, when they feel need to consume, which is assumed to be judgement about a sequence of outcomes are based on changes in wealth, rather than whether how much absolute basic income earn to influence whose consumption desires.(2)Thus, behavioral economic theory assumes the consumer is the low level of income group in society, but when who feels that he is still gains more than losses when who decides to buy the expensive product or consumes the expensive service. Then, the low level of income consumer who will accept to buy the expensive product or consume the service easily. Due to whose gains feeling is more than losses feeling, when who buys the product or consumes the service.(3) Behavioral economic theory also assumes the taxpayer will pay high income tax in this year. The, even the high income taxpayer can earn high basic income, but due to whom needs to pay high income tax in this year. Then, he/she will reduce much spending, even he/she reduces spending on cheap products or cheap service consumption for enjoyment. This is the taxpayer's economic decision to influence whose consumption behavior, due to the high income tax expenditure factor influences whose consumption behavior to change to be reduced spending expenditures in this year.

Author: Gerrit Antonides
Publisher: MDPI
ISBN: 3038425834
Category : Social Science
Languages : en
Pages : 221

View

Book Description
This book is a printed edition of the Special Issue "Sustainable Consumer Behavior" that was published in Sustainability

Author: Johnny Ch LOK
Publisher:
ISBN:
Category :
Languages : en
Pages : 83

View

Book Description
Can apply behavioral economic method to predict that the consequences of a stable basic income consumer's consumption behavior? It may be significantly different than the ones are predicted by the standard economic model if more realistic assumptions of human consumption behavioral prediction success. Behavioral economic method assumes that consumer will compare whether whose benefits are more than costs after they buy the product or consume the service. I assume the consumer is only the who have stable basic income source consumer target. This stable basic income target consumers who will evaluate or feel they will earn more benefits than costs to every product in their consumption process, after they will make final decision to choose to buy the product to use or consume the service. Otherwise, if they feel they won't earn more benefits after they buy the product or consume the service in the consumption process. Then, they won't choose to buy the product to use or consume the service. In behavioral economic view point, it indicates their consumption behaviors are depend on comparing the product or the service whether it can satisfy their desire benefits and their desire benefits to the product or service must be more than their consumption cost.There are four points to apply behavioral economic method to predict each stable basic income individual income spending. They include: motivation, conspicuous consumption, social preferences and crowding theory.Each stable basic income consumer individual spending amount will be different and it is represent that every high stable basic income consumer must decide to consume any high cost services or buy high cost products to use. Although some economic teachers assume general high income people will accept to spend more expenditures for enjoyment or buy high cost of products to satisfy basic high level necessary expenditures. But, applying behavioral economic analysis, it is not absolute true, some low income people also accept to spend more to buy high cost of products or increasing spending expenditures for enjoyment for their basic necessary expenditures.The field of behavioral economic can be fined as a combination of economics and psychology that tries to capture human behavior in a more realistic. Understanding each consumer individual consumption behavior, we need to know how who does each decision to influence each consumption choice. Consequently, analysis reaches the conclusion. Every high or low level stable basic income consumer individual behavioral consumption that the microeconomic consequences of a stable basic income of individual consumer target consumption group could be efficiency enhancing, but at the same time incentives about positional concerns could lead to wasteful and inefficient spending to the stable low basic income consumer target group.⦁How to apply behavioral economic method to contribute to the stable basic income target consumer group's consumption prediction?What is basic income mean? A basic income is an income paid by a political community to all its members on an individual basis, without means test or work requirement. How to apply behavioral economic method to contribute to the basic income consumption prediction? I assume high income tax is charged to one high income tax payee , it will influence the high income tax payee individual consumption desires to be fallen, also extrinsic incentives will effort and intrinsic motivation and how the labor market change these variables under and big changes predicting, how income security changes social consumption preferences, e.g. how a big change affects the overall level of status -seeking behavior and this effect with income inequality to influence consumer individual consumption attitude or habit.

Author: Rajagopal
Publisher: IGI Global
ISBN: 1466675195
Category : Business & Economics
Languages : en
Pages : 319

View

Book Description
Abstract: "This book discusses the indispensable value of understanding consumer activities and the crucial role they play in developing successful marketing strategies by focusing on concepts such as consumer perceptions, consumption culture, and the influence of information technology"--Provided by publisher

Author: Pietro Lanzini
Publisher: Routledge
ISBN: 135140007X
Category : Business & Economics
Languages : en
Pages : 113

View

Book Description
There is broad consensus on the need to shift to a new paradigm of lifestyles and economic development, given the un-sustainability of current patterns. Given this, research on consumer behavior is to play a crucial role in shedding light on the motives underpinning the adoption of responsible behaviors. Stemming from a thorough discussion of existing approaches, this book argues that the perspective of analysis has to be modified. First, acknowledging that a profile of the responsible consumer does not exist since all of us can be more or less sustainable and environment-friendly: the sustainability of an individual should not be considered as given, being something dynamic that changes according to both subjective and contextual factors. Moreover, the book hypothesises that integrating dimensions and perspectives that have been so far overlooked by mainstream research will help deconstruct responsible behaviors adopting a flexible and holistic approach. Relevant policy implications are discussed, and empirical research on responsible behaviors is illustrated. This book will be of great interest to students and scholars of consumer behavior, sustainable consumption, environmental psychology and environmental studies in general.

Author: Mehmet Huseyin Bilgin
Publisher: Springer
ISBN: 3319762885
Category : Business & Economics
Languages : en
Pages : 362

View

Book Description
This volume presents selected articles from the 21st Eurasia Business and Economics Society (EBES) Conference, which was held in Budapest (Hungary) in 2017. The theoretical and empirical papers in this volume cover various areas of business, economics, and finance from a diverse range of regions. In particular, this volume focuses on the latest trends in consumer behavior, new questions in the development of organizational strategy, and the interaction of financial economics with industrial economics and policy.

Author: Bruce Pietrykowski
Publisher: Routledge
ISBN: 1135978697
Category : Consumer behavior
Languages : en
Pages : 206

View

Book Description
This book applys insights from the fields of feminist, heterodox and behavioral economics to a study of consumption, focusing on its construction as a learned activity and a lifestyle choice.

Author: Akkucuk, Ulas
Publisher: IGI Global
ISBN: 1466666366
Category : Business & Economics
Languages : en
Pages : 582

View

Book Description
In an age of rising environmental concerns, it has become necessary for businesses to pay special attention to the resources they are consuming and the long-term effects of the products they are creating. These concerns, coupled with the current global economic crisis, demand a solution that includes not only business, but politics, ecology, and culture as well. The Handbook of Research on Developing Sustainable Value in Economics, Finance, and Marketing provides the latest empirical research findings on how sustainable development can work not just for organizations, but for the global economy as a whole. This book is an essential reference source for professionals and researchers in various fields including economics, finance, marketing, operations management, communication sciences, sociology, and information technology.

Author: Hiromi Shioji
Publisher: Springer Nature
ISBN: 9811581959
Category : Business & Economics
Languages : en
Pages : 340

View

Book Description
This book identifies the ongoing management issues and compatible management systems for sustainable and inclusive development in a transforming Asia. In the dynamic process of economic development in Asia, many positive and also negative issues have arisen. Since the latter half of the 1990s, the network economy based on digital technologies began to be established and technological and cross-border transfer of managerial knowledge became easier. This change in technological and market structure now requires companies to meet another dimension of competition. In this new paradigm, many Asian companies are struggling with turbulent new managerial and organizational issues together with economic and social problems that concentrate at the bottom of the pyramid. This book elucidates these issues, keeping sustainability and inclusiveness in mind. The book is highly recommended not only for academicians but also business people who seek an in-depth and up-to-date overview of dynamically changing business and industrial structures in Asia focusing on sustainability and inclusion issues.