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Essays On Consumer Behavior And Macroeconomics
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Book Synopsis Essays on Consumer Behavior and Macroeconomics by : Pawel Dyczewski
Download or read book Essays on Consumer Behavior and Macroeconomics written by Pawel Dyczewski and published by . This book was released on 2002 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays in the Theory and Measurement of Consumer Behaviour: In Honour of Sir Richard Stone by : Angus Deaton
Download or read book Essays in the Theory and Measurement of Consumer Behaviour: In Honour of Sir Richard Stone written by Angus Deaton and published by Cambridge University Press. This book was released on 2008-07-10 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Edited by Angus Deaton, winner of the 2015 Nobel Memorial Prize in Economic Sciences, this volume features early work on the theory and measurement of consumer behaviour. Featuring contributions from leading economists such as Anthony Atkinson, Nicholas Stern, John Muellbauer and Deaton himself, the book offers papers on a wide range of topics. Topics covered range from theory to econometrics, from Engel curves to labour supply and fertility, and from consumer demand in England to consumer behaviour in the USSR. These papers were written and collected for this volume to honour Sir Richard Stone on the occasion of his retirement from his chair at the University of Cambridge.
Book Synopsis Macroeconomic Analysis by : David Currie
Download or read book Macroeconomic Analysis written by David Currie and published by Routledge. This book was released on 2015-09-16 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bringing together the proceedings of the 1979 and 1980 annual conferences of the Association of University Teachers of Economics the papers in this volume discuss: the effect of social security on private saving; an analysis of aggregate consumer behaviour; the philosophy and objectives of econometrics and other topics in macroeconomic and econometric analysis.
Book Synopsis Essays in Economics by : James Tobin
Download or read book Essays in Economics written by James Tobin and published by Mit Press. This book was released on 1987-07 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 2 of James Tobin's Essays in Economics brings together twenty papers published between 1940 and 1972. These cover macroeconomics, particularly the theory of the relationship between unemployment and inflation and the dilemma their connection poses for policy; consumption function, which is also related to macroeconomic theory and to the theory of individual behavior; consumer theory and statistical method applied to the problem of rationing; and the development and application of econometric methods suitable for the empirical analysis of consumer behavior.James Tobin received the Nobel Prize in 1981 and is Sterling Professor of Economics at Yale. Essays in Economics, Volume 1: Macroeconomics and Volume 3: Theory and Policy are both available from The MIT Press.
Book Synopsis Essays in the theory and measurement of consumer behaviour in honour of Sir Richard Stone by : Angus Deaton
Download or read book Essays in the theory and measurement of consumer behaviour in honour of Sir Richard Stone written by Angus Deaton and published by . This book was released on 1981 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Consumer Behaviour and Economic Growth in the Modern Economy (RLE Consumer Behaviour) by : Henri Baudet
Download or read book Consumer Behaviour and Economic Growth in the Modern Economy (RLE Consumer Behaviour) written by Henri Baudet and published by Routledge. This book was released on 2014-12-05 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: These essays show that industrialisation and fast economic growth have changed not only the broad material environment, but have also had a very important impact on basic food consumption. The introductory chapter takes a theoretical view and tries to establish the interrelationship between economic forces and social habits. The other contributors analyse how the experience of Europe, Japan and North America fit this general explanation and they demonstrate how cultural and regional differences have shaped the development of consumer behaviour and patterns of consumption over the last two centuries.
Book Synopsis Essays in Economics by : James Tobin
Download or read book Essays in Economics written by James Tobin and published by MIT Press. This book was released on 1987 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 2 of James Tobin's Essays in Economics brings together twenty papers published between 1940 and 1972. These cover macroeconomics, particularly the theory of the relationship between unemployment and inflation and the dilemma their connection poses for policy; consumption function, which is also related to macroeconomic theory and to the theory of individual behavior; consumer theory and statistical method applied to the problem of rationing; and the development and application of econometric methods suitable for the empirical analysis of consumer behavior.James Tobin received the Nobel Prize in 1981 and is Sterling Professor of Economics at Yale. Essays in Economics, Volume 1: Macroeconomics and Volume 3: Theory and Policy are both available from The MIT Press.
Book Synopsis Two Essays in the Theory of Consumer Behavior by : Robert A. Pollak
Download or read book Two Essays in the Theory of Consumer Behavior written by Robert A. Pollak and published by . This book was released on 1964 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Consumer Buying Behaviour by : Wanchat Kengthon
Download or read book Consumer Buying Behaviour written by Wanchat Kengthon and published by GRIN Verlag. This book was released on 2011-01-19 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2010 in the subject Economics - Micro-economics, , language: English, abstract: A company may think that if it can provide the perfect product to the customers, they will buy it. Many customers are brand loyalty therefore sometimes the good products cannot be competing with the good brand. However factors influencing consumer behaviour is not only the product itself but also advertising, which can be one of the most important factors affected purchasing decision. Typically every company realise an essential of advertising as it is shown in the profit and loss statement. Moreover it is noticeable that budget for advertising always high. It is well-known fact that advertising plays an important role in people's daily lives. The advertising is available anywhere both inside and outside home. Recent research suggests that people spend two and a half hours on average watching television (Livingstone and Bovill, 1999 cited Dickinson, 2000). This essay critically analyses and evaluates the major factors that could affect consumer buying behaviour. Nevertheless, I would like to base my overall main points on advertising as the major factors which would makes it a lot easier and I could focus on this scenario and hopefully answer all my questions. Throughout this essay, the term of advertising covers all media for instance television, radio, newspaper, direct mail, yellow pages, magazine, billboards, leaflets and even on film (Perreault and McCarthy 1999, p.450). This essay is divided into three sections. Firstly it will look at what consumer behaviour is, I will analyse and evaluate the major factors. Secondly it will discuss the importance of the advertising, show my understanding and explain why it is important to successful marketing. I will, thirdly, analyse the consumers' attitude and advertising. Finally this review will mention about advertising influences consumers buying food. Also, identify and evaluate key differences between organisational and consumer purchasing and discuss their implications for marketers.
Book Synopsis Essays on Behavioral Economics and Macroeconomics by : Chen Lian (Ph. D.)
Download or read book Essays on Behavioral Economics and Macroeconomics written by Chen Lian (Ph. D.) and published by . This book was released on 2020 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis consists of three chapters in behavioral economics and macroeconomics. In the first chapter, I develop an approach, which I term narrow thinking, to break the decision maker's ability to perfectly coordinate her multiple decisions. For a narrow thinker, different decisions are based on different, non-nested, information. I recast this individual decision problem as multiple selves playing an incomplete-information game. The narrow thinker then makes each decision with imperfect knowledge of the other decisions. The friction effectively attenuates the interaction across decisions. Narrow thinking then provides a model of narrow bracketing without directly imposing that each decision is made in isolation. The main application is that narrow thinking generates smooth mental accounting, without requiring the decision maker to have explicit budgets. My approach also leads to unique predictions about what drives the degree of mental accounting behavior. Depending on the environment, narrow thinking can translate into either over- or under-reaction relative to the frictionless benchmark. In the second chapter, I am motivated by the fact that consumers have difficulty tracking their total wealth, or keeping it at the front of their minds when making consumption and saving decisions. In this chapter, I show how such imperfect perception of wealth can explain several key deviations of consumption behavior from the permanent income hypothesis, including: excess sensitivity to current income, smaller MPCs out of wealth than out of current income, and excess discounting of future income. Importantly, my approach does not rely on liquidity constraints and can explain the empirical evidence on high-liquidity consumers' deviations from the permanent income hypothesis. I further provide an interpretation of the model in which the consumer has separate mental accounts for her current income and her wealth. Thus, the consumer exhibits behavior similar to a two-asset model, in a one-asset context without borrowing constraints. The friction can be quantitatively important in explaining MPCs, and has substantive macro implications for monetary and redistributive policy. Methodologically, the paper develops a tractable method for incorporating imperfect perception of the endogenous state into an otherwise standard Markov decision problem. In the third chapter (joint with George-Marios Angeletos), we turn to the classic macroeconomics question about how the economy responds to news about future policies or future fundamentals. Standard practice assumes that agents have common knowledge of such news and face no uncertainty about how others will respond. Relaxing this assumption attenuates the general-equilibrium effects of news and rationalizes a form of myopia at the aggregate level. We establish these insights within a class of games which nests, but is not limited to, the New Keynesian model. Our results help resolve the forward-guidance puzzle, offer a rationale for the front-loading of fiscal stimuli, and illustrate more broadly the fragility of predictions that rest on long series of forward-looking feedback loops. JEL Codes D90, E50, E90.
Book Synopsis A Critical Essay on Modern Macroeconomic Theory by : Frank Hahn
Download or read book A Critical Essay on Modern Macroeconomic Theory written by Frank Hahn and published by MIT Press. This book was released on 1997 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the early 1980s, rational expectations and new classical economics dominated macroeconomic theory. This essay evolved from theauthors' profound disagreement with that trend. It demonstrates notonly how the new classical view got macroeconomics wrong, but also howto go about doing macroeconomics the right way.
Book Synopsis Essays on Market Structure, Competition and Consumer Behavior by : Astrid Andrea Dick
Download or read book Essays on Market Structure, Competition and Consumer Behavior written by Astrid Andrea Dick and published by . This book was released on 2002 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: (Cont.) Chapter 3, co-authored with Erik Brynjolfsson and Michael D. Smith, applies a flexible demand model to examine heterogeneous consumer behavior and estimate search benefits and costs across consumers types, based on a unique data set obtained from a major U.S.-based online shopbot. Consumer benefits to search are estimated using a compensating variations approach, by comparing the welfare generated by the first set of offers shown to the consumer in the default screen, and that generated by the entire set of offers. The benefits to searching lower screens are $1.65 for the median consumer, and the cost of carrying an exhaustive search of the offers is a maximum of $1.40 for the median consumer that chooses to search lower screens.
Book Synopsis Consumption & Marketing by : Russell W. Belk
Download or read book Consumption & Marketing written by Russell W. Belk and published by Thomson South-Western. This book was released on 1996 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: The six essays in this collection focus on exploring the macro dimensions of consumption and marketing. It attempts to foster dialogue between marketing researchers and social sciences. The essays are mainly by marketing scholars, and the commentaries on the essays are by social scientists.
Book Synopsis The Collected Essays of Richard E. Quandt by : Richard E. Quandt
Download or read book The Collected Essays of Richard E. Quandt written by Richard E. Quandt and published by Edward Elgar Publishing. This book was released on 1992-01-01 with total page 876 pages. Available in PDF, EPUB and Kindle. Book excerpt: Professor Richard Quandt has made a major contribution to the development of economics in the 20th century. The range and significance of his work has long required a collection of his essays which will allow his contribution to be assessed as a whole. Despite an early interest in microeconomic theory, Richard Quandt has devoted most of his career to econometrics and, in particular, modal split estimation. More recently his work has focused on the econometrics of disequilibrium models with reference to both free market and planned economies. As well as outlining his many articles in microtheory, general econometrics, disequilibrium modeling, financial economics and the economics of planned economies, this collection should have a particular value for all scholars interested in the emergence of the new economies in Eastern Europe, a subject to which Professor Quandt has applied himself in recent years. This book includes an introduction by Professor Quandt describing his early life in Budapest and the circumstances which led him to study economics in America.
Book Synopsis The Oxford Handbook of Consumption by : Dr. Frederick F. Wherry
Download or read book The Oxford Handbook of Consumption written by Dr. Frederick F. Wherry and published by Oxford University Press. This book was released on 2019-09-02 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oxford Handbook of Consumption consolidates the most innovative recent work conducted by social scientists in the field of consumption studies and identifies some of the most fruitful lines of inquiry for future research. It begins by embedding marketing in its global history, enmeshed in various political, economic, and social sites. From this embedded perspective, the book branches out to examine the rise of consumer culture theory among consumer researchers and parallel innovative developments in sociology and anthropology, with scholarship analyzing the roles that identity, social networks, organizational dynamics, institutions, market devices, materiality, and cultural meanings play across a wide variety of applications, including, but not limited to, brands and branding, the sharing economy, tastes and preferences, credit and credit scoring, consumer surveillance, race and ethnicity, status, family life, well-being, environmental sustainability, social movements, and social inequality. The volume is unique in the attention it gives to consumer research on inequality and the focus it has on consumer credit scores and consumer behaviors that shape life chances. The volume includes essays by many of the key researchers in the field, some of whom have only recently, if at all, crossed the disciplinary lines that this volume has enabled. The contributors have tried to address several key questions: What motivates consumption and what does it mean to be a consumer? What social, technical, and cultural systems integrate and give character to contemporary consumption? What actors, institutions, and understandings organize and govern consumption? And what are the social uses and effects of consumption?
Book Synopsis Essays on the Dynamics of Consumer Behavior by :
Download or read book Essays on the Dynamics of Consumer Behavior written by and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays in Economics: Consumption and econometrics by : James Tobin
Download or read book Essays in Economics: Consumption and econometrics written by James Tobin and published by . This book was released on 1971 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: