This study applies the view of domain specific innovativeness (DSI) to examine the relationships between consumer innovativeness, lifestyle, knowledge, exploratory buying behavior tendencies, and the intentions to adopt location-based services (LBS). It is found that consumers with different levels of innovativeness toward LBS have different lifestyles and adoption intentions for LBS. Specifica...

Is the observed large increase in consumer indebtedness since the 1980s beneficial for U.S. consumers? This paper quantitatively studies the macroeconomic and welfare implications of relaxing borrowing constraints when consumers exhibit a hyperbolic discounting preference. The model can capture two contrasting views: the positive view, which links increased indebtedness to financial innovation ...

Color image quality is becoming an increasingly important factor in the consumer imaging industry. Users of imaging devices such as Multi-Function Peripherals (MFP) have increasing expectations to the quality of the reproduced images. In this paper we address the subject of color image quality from a practical point of view, and from the point of view of a provider of imaging technology for con...

This research analyzes consumer privacy issues pertaining to the newly developing wireless marketing context, specifically, wireless advertising messaging (WAM). We develop a conceptual framework named as DIGs to assess the efficacy of industry self-regulation, government legislation, and technological solutions in ensuring consumer privacy in WAM. In addition to enhancing our theoretical under...

The rent of shelter accounts for approximately a third of the Consumer Price Index (CPI). Using a new housing rent index (RRI) developed by Ambrose, Coulson, and Yoshida (2014), we modify the CPI and compute the Taylor rule for the period from 2000 to 2010. With this timely rent index, Taylor rule becomes more consistent with the Federal funds rate than the conventional calculations. However, t...

This article studies the influence of product groupings on consumer preferences. Specifically, it is proposed that when each product in two groups has an equal chance of a gain, consumers prefer to choose from a group that appears more contagious (e.g., products arranged close together, similarly, or symmetrically). However, when each product in two groups has an equal chance of a loss, consume...