The Behavioral Life-cycle Theory of Consumer Behavior: Survey Evidence
نویسندگان
چکیده
We find that survey evidence on faculty pay-cycle choice strongly contradicts the neoclassical theory of consumer behavior. It is more favorable to the behavioral life-cycle theory of Shefrin and Thaler (1988). JEL: D12
منابع مشابه
Green Product Consumers Segmentation Using Self-Organizing Maps in Iran
This study aims to segment the market based on demographical, psychological, and behavioral variables, and seeks to investigate their relationship with green consumer behavior. In this research, self-organizing maps are used to segment and to determine the features of green consumer behavior. This was a survey type of research study in which eight variables were selected from the demographical,...
متن کاملThe Relationship between Capital Investment Choice and Capital Productivity: A Test of Firm Life Cycle Theory (A Comparative Investigation of Cyclical and Non-Cyclical Companies)
According to the firm life cycle theory, companies go through certain behavioral patterns in various stages of their life. A thorough understanding and recognition of these behavioral patterns, new investment in assets and the optimal use of assets can considerably enhance the capital productivity. In the current study, the relationship between the stages of firm life cycle and capital producti...
متن کاملA survey of the effect of education based on planning behavior theory on increasing physical activity in elderly women
Background and Aim: One of the problems of old age in today's world is sedentary lifestyle and inactivity. This study was conducted to investigate the effect of an educational program based on the theory of planned behavior with the aim of increasing the physical activity of elderly women in Sanandaj. Materials and methods: This interventional-experimental study was performed on elderly women o...
متن کاملAre assets fungible? Testing the behavioral theory of life-cycle savings
This paper is an empirical investigation of the behavioral life-cycle savings model. This model posits that self-control problems causes individuals to depart substantially from rational behavior. I show that this model can explain how the consumption of individuals at or near retirement vary with changes in different types of financial assets. Specifically, consumption spending is sensitive to...
متن کاملBarriers and Crucial factors affecting Iranian consumer mind during online shopping
E-commerce has made life simple and innovative of individuals and groups consumer Behavior in online shopping is different from the physical market where he has access to see the product. The purpose of the research was to study the consumer behavior in online shopping of electronics especially in Iran. Primary data was collected through the questionnaire survey and by emails from personal cont...
متن کامل