Choice Overload, Satisficing Behavior, and Price Distribution in a Time Allocation Model
نویسندگان
چکیده
منابع مشابه
Maximizing and satisficing in a choice model based on time allocation
It has been suggested in the literature of social psychology that consumers that search exhaustively for the best option of a product in the market -called maximizerseventually feel worse than those that just look for something good enough -in turn, satisficers-. We address this striking phenomenon using a formal framework for consumer rational choice relaying on time allocation which accounts ...
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ژورنال
عنوان ژورنال: Abstract and Applied Analysis
سال: 2014
ISSN: 1085-3375,1687-0409
DOI: 10.1155/2014/569054