Title :
Contemporary ideas and dilemmas on consumer behavior rationality
Author :
Pataki, Eva ; Sagi, Andras
Author_Institution :
Subotica Tech, Subotica, Serbia
Abstract :
The aim of the work is the presentation, critical analysis and the evaluation of contemporary ideas and dilemmas on the basic hypotheses and axioms for consumer behavior modeling. Considerations in the work include the ideas on consumer sovereignty, supposition of consistency and persistency of consumer choice, choice rationality in the conditions of uncertainty and risks, the problems of rational decision-making in imperfect information and the target household function about the sense of maximizing attainable use.
Keywords :
consumer behaviour; decision making; utility theory; attainable use maximization; choice rationality; consumer behavior; consumer choice; consumer sovereignty; decision making; Biological system modeling; Companies; Consumer behavior; Decision making; Economics; Production; Uncertainty; attainable use maximization; consumer choice rationalization; consumer sovereignty; information; risk; uncertainty;
Conference_Titel :
Computational Intelligence and Informatics (CINTI), 2010 11th International Symposium on
Conference_Location :
Budapest
Print_ISBN :
978-1-4244-9279-4
Electronic_ISBN :
978-1-4244-9280-0
DOI :
10.1109/CINTI.2010.5672227