INTERDISCIPLINARY PERSPECTIVES ON INDIVIDUAL CONSUMPTION DECISION
In a world were consumer is attacked by information and the decisional process is hampered by the multitudine of choices, the consumption can be explained through a multidisciplinary approach that can integrate also the economic and psychological variables. People are faced with having to choose one...
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| Format: | Article |
| Language: | English |
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Nicolae Titulescu University Publishing House
2014-05-01
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| Series: | Challenges of the Knowledge Society |
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| Online Access: | http://cks.univnt.ro/uploads/cks_2014_articles/index.php?dir=05_economics%2F&download=CKS+2014_economics_art.061.pdf |
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| author | Mihaela Andreea STROE Elena Mihaela ILIESCU |
| author_facet | Mihaela Andreea STROE Elena Mihaela ILIESCU |
| author_sort | Mihaela Andreea STROE |
| collection | DOAJ |
| description | In a world were consumer is attacked by information and the decisional process is hampered by the multitudine of choices, the consumption can be explained through a multidisciplinary approach that can integrate also the economic and psychological variables. People are faced with having to choose one option out of many desirable choices, thus their options are evaluated in terms of missed opportunities instead of the opportunity's potential. In this playground appears the regret aversion that can paralyze the action of the consumer and recreate the frame in which this acts. That is why, this area has been approached through a multidiciplinary perspective that can explain better the decisional process of the buyer that can act also in a subjective and non-linear way ante and post-factum decision making. |
| format | Article |
| id | doaj-art-64fd1ce4af6b4a39af2e636dbbe82c4b |
| institution | Kabale University |
| issn | 2068-7796 2068-7796 |
| language | English |
| publishDate | 2014-05-01 |
| publisher | Nicolae Titulescu University Publishing House |
| record_format | Article |
| series | Challenges of the Knowledge Society |
| spelling | doaj-art-64fd1ce4af6b4a39af2e636dbbe82c4b2025-01-02T15:16:07ZengNicolae Titulescu University Publishing HouseChallenges of the Knowledge Society2068-77962068-77962014-05-0141579585INTERDISCIPLINARY PERSPECTIVES ON INDIVIDUAL CONSUMPTION DECISIONMihaela Andreea STROE0Elena Mihaela ILIESCU1Assistant Lecturer, PhD, Faculty of Economic Studies, “Nicolae Titulescu” University of Bucharest (e-mail: stroeandreea@univnt.ro).Lecturer, PhD, Faculty of Economic Studies, “Nicolae Titulescu” University of Bucharest (e-mail: mag_mihaela@yahoo.com).In a world were consumer is attacked by information and the decisional process is hampered by the multitudine of choices, the consumption can be explained through a multidisciplinary approach that can integrate also the economic and psychological variables. People are faced with having to choose one option out of many desirable choices, thus their options are evaluated in terms of missed opportunities instead of the opportunity's potential. In this playground appears the regret aversion that can paralyze the action of the consumer and recreate the frame in which this acts. That is why, this area has been approached through a multidiciplinary perspective that can explain better the decisional process of the buyer that can act also in a subjective and non-linear way ante and post-factum decision making.http://cks.univnt.ro/uploads/cks_2014_articles/index.php?dir=05_economics%2F&download=CKS+2014_economics_art.061.pdfconsumerdecisionregret aversioninterdisciplinarityeconomic crises. |
| spellingShingle | Mihaela Andreea STROE Elena Mihaela ILIESCU INTERDISCIPLINARY PERSPECTIVES ON INDIVIDUAL CONSUMPTION DECISION Challenges of the Knowledge Society consumer decision regret aversion interdisciplinarity economic crises. |
| title | INTERDISCIPLINARY PERSPECTIVES ON INDIVIDUAL CONSUMPTION DECISION |
| title_full | INTERDISCIPLINARY PERSPECTIVES ON INDIVIDUAL CONSUMPTION DECISION |
| title_fullStr | INTERDISCIPLINARY PERSPECTIVES ON INDIVIDUAL CONSUMPTION DECISION |
| title_full_unstemmed | INTERDISCIPLINARY PERSPECTIVES ON INDIVIDUAL CONSUMPTION DECISION |
| title_short | INTERDISCIPLINARY PERSPECTIVES ON INDIVIDUAL CONSUMPTION DECISION |
| title_sort | interdisciplinary perspectives on individual consumption decision |
| topic | consumer decision regret aversion interdisciplinarity economic crises. |
| url | http://cks.univnt.ro/uploads/cks_2014_articles/index.php?dir=05_economics%2F&download=CKS+2014_economics_art.061.pdf |
| work_keys_str_mv | AT mihaelaandreeastroe interdisciplinaryperspectivesonindividualconsumptiondecision AT elenamihaelailiescu interdisciplinaryperspectivesonindividualconsumptiondecision |