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Consumer Price Index (CPI) of a particular region is primarily calculated through aggregation of individual household observations. This aggregation is done following two schemes, plutocratic and democratic. While both of them are useful for certain purposes, none of them actually give proper attention to poor households. In this study, we have shown that weighting scheme with certain mathemati...

This study attempts to optimize a delivery service strategy for Internet shopping by considering timedependent consumer demand, demand–supply interaction and consumer socioeconomic characteristics. A nonlinear mathematical programming model is formulated for solving the optimal number and duration of service cycles for discriminating strategy by maximizing profit subject to demand–supply intera...

In order to understand the effect of online reviews on consumer purchase behavior, more than 400 Taobao shops’ online reviews are collected. Based on S-O-R model (Stimulus-Organism-Response Model), this paper studies the influence on consumer purchase behavior according to online reviews of experience goods from a new perspective of consumer learning. Using SPSS 19.0 software for data analysis ...

Maine wild blueberries prepared for the fresh pack market compete with cultivated blueberries for market share. In an effort to increase market share, Maine producers are seeking an understanding of consumer preference and how it relates to objective blueberry quality measures. Consumer and instrumental measurements were evaluated over a 3-year period from 1996 to 1998. Freshly harvested bluebe...