scholarly journals Behavioral Economics of Multiperiod Insurance Purchasing Behavior: The Role of Emotions

2018 ◽  
Vol 12 (2) ◽  
pp. 109-199
Author(s):  
Howard Kunreuther ◽  
Mark Pauly
Keyword(s):  
Behavioral Economics ◽  
Purchasing Behavior ◽  
Insurance Purchasing

The Life Cycle Model of Cyber-economics

2020 ◽  
Vol 8 (12) ◽  
pp. 63-72
Author(s):  
Srinivas Nowduri
Keyword(s):  
Economic Growth ◽  
Life Cycle ◽  
Behavioral Economics ◽  
Research Work ◽  
Life Cycle Model ◽  
Cycle Model ◽  
Business World ◽  
Exponential Increase ◽  
Financial Metrics

The exponential increase in modern technological advancements within the business world, is impacting every national economy from different directions/perspectives. This research work focuses on main issues behind cyber economics along with cyber-economic values; based on cyber events and their associated financial damages. It also made a comparative study between cyber and financial metrics, based on a professional look at cybersecurity in modern digital firms. Then it emphasizes on the role of applied and behavioral economics, in digital forms. Finally propose a model for cyber economic growth vital for modern digital firms

Information Assurance Seals: How They Impact Consumer Purchasing Behavior

2006 ◽  
Vol 20 (1) ◽  
pp. 1-17 ◽  
Author(s):  
Alexei Nikitkov
Keyword(s):  
Information Assurance ◽  
Academic Research ◽  
Purchasing Behavior ◽  
Accounting Firms ◽  
Significant Difference ◽  
Assurance Services ◽  
Empirical Tests ◽  
Time To Learn ◽  
Role Of Information

Public accounting firms and other independent assurance providers have developed and marketed web assurance services resulting in a seal as an indicator of compliance. Academic research finds that seals potentially meet some of the most acute consumer concerns, but that consumers have inadequate understandings about the seals, and low regard for them. This study extends the research on the role of information assurance seals as an antecedent of trust by examining the use of seals on the eBay auction site. The study analyzes a sample of transactions in which buyers acted with their own money, and had time to learn about various signals and consider their strengths. The transactions are examined to see whether presence of a seal on the seller's web page made a significant difference on actual consumer purchasing behavior. Empirical tests found significant associations between the presence of seals and consumer purchasing behavior in both auction and posted-price contexts.

scholarly journals Unconscious influences on decision making: A critical review

2014 ◽  
Vol 37 (1) ◽  
pp. 1-19 ◽  
Author(s):  
Ben R. Newell ◽  
David R. Shanks
Keyword(s):  
Decision Making ◽  
Social Behavior ◽  
Behavioral Economics ◽  
Cognitive Neuroscience ◽  
Critical Review ◽  
Explanatory Power ◽  
Future Research ◽  
Wide Range ◽  
Cognitive Unconscious

AbstractTo what extent do we know our own minds when making decisions? Variants of this question have preoccupied researchers in a wide range of domains, from mainstream experimental psychology (cognition, perception, social behavior) to cognitive neuroscience and behavioral economics. A pervasive view places a heavy explanatory burden on an intelligent cognitive unconscious, with many theories assigning causally effective roles to unconscious influences. This article presents a novel framework for evaluating these claims and reviews evidence from three major bodies of research in which unconscious factors have been studied: multiple-cue judgment, deliberation without attention, and decisions under uncertainty. Studies of priming (subliminal and primes-to-behavior) and the role of awareness in movement and perception (e.g., timing of willed actions, blindsight) are also given brief consideration. The review highlights that inadequate procedures for assessing awareness, failures to consider artifactual explanations of “landmark” results, and a tendency to uncritically accept conclusions that fit with our intuitions have all contributed to unconscious influences being ascribed inflated and erroneous explanatory power in theories of decision making. The review concludes by recommending that future research should focus on tasks in which participants' attention is diverted away from the experimenter's hypothesis, rather than the highly reflective tasks that are currently often employed.

scholarly journals THE ROLE OF DESTINATION IMAGE IN INFLUENCING ENVIRONMENTALLY SUSTAINABLE PURCHASING BEHAVIOUR OF TOURISTS

2021 ◽  
Author(s):  
Diana Kham
Keyword(s):  
New Zealand ◽  
Sustainable Tourism ◽  
Destination Image ◽  
Purchasing Behavior ◽  
Personal Factors ◽  
Framework Analysis ◽  
Environmentally Sustainable ◽  
Analysis Technique ◽  
Sustainable Behavior

<p>A large proportion of typical holiday activities are directly dependent on the natural resources at the destination and as these natural areas represent the main resource for many tourism destinations (Dolnicar & Leisch, 2007), destinations are under pressure to protect it. Current efforts to promote pro-environmental behaviors by tourists found largely ineffective. This is partly because the travel context of tourists is often ignored when studying environmentally sustainable behaviors despite the significant impact it can have on tourists’ behavior. Current literature looking at destination image offers limited insight into how (or if) destination image influences environmentally sustainable behavior of tourists outside of product-specific contexts such as eco-tour experiences or green accommodations. To fill this research gap, this thesis examines the role of destination image in influencing tourists' environmentally sustainable (tourism-related) purchasing behavior in New Zealand. </p> <p>This thesis adopted a qualitative approach. The data collection consisted of 25 semi-structured in-depth interviews with international tourists in New Zealand. Data were then analyzed using the framework analysis technique. The analysis focused on three things: (1) how New Zealand is perceived by tourists, (2) tourists’ intentions of behaving environmentally sustainable, and (3) identifying aspects of the destination image that evoke or trigger pro-environmental intentions by tourists. </p> <p>The findings revealed that destination image does play a role in influencing environmentally sustainable purchasing behavior by not only evoking pro-environmental intentions but also providing an encouraging and enabling environment. The characteristics and qualities of New Zealand that were found particularly influential in evoking a sense of responsibility and/or connection towards nature were the fragile environment appeal, dependence on nature, aesthetically pleasing, and unique landscape. Other factors contributing to this were also identified providing a more comprehensive understanding of how the relationship is moderated. These factors were personal factors, habit and routine, contextual factors, personal capabilities, and attitudinal factors. </p> <p>The outcome of this research carries important implications particularly for destination managers and destination marketers wanting to promote environmentally sustainable (tourism-related) purchasing behavior. The complexity of environmentally sustainable behavior and the subjective nature of destination image however require further research, especially in identifying the applicability of this study to other (types of) destinations. </p> <p>Keywords: destination image, environmentally sustainable purchasing behavior, New Zealand </p>

scholarly journals Organic food purchasing behavior of young consumers: the role of enviromental concern

2017 ◽  
Vol 126 (5B) ◽  
pp. 59
Author(s):  
Nguyễn Thị Hằng Nga
Keyword(s):  
Environmental Concern ◽  
Behavioral Control ◽  
Organic Food ◽  
Subjective Norms ◽  
Perceived Behavioral Control ◽  
Purchasing Behavior ◽  
Self Image ◽  
Perceived Consumer Effectiveness ◽  
Purchasing Behaviour

<em>This research study focuses on factors which can affect purchasing behaviour of young customers with regard to organic food. Results from this study show that attitudes, perceived behavioral control, perceived consumer effectiveness and c</em><em>oncern for self-image positively impact purchasing behaviour of highly environmental concern consumers. With respect to slightly environmental concern consumers their puchasing behaviour is not exposed to attitudes, perceived behavioral control, perceived consumer effectiveness and concern for self-image. Subjective norms positively affect consumer behaviour, regardless of whether the consumer is highly environmental concern or not. However, the effect of subjective norms on purchasing behaviour of low environmental concern consumers is greater than that of consumers with high environmental concern.</em>

scholarly journals Generativity and Green Purchasing Behavior: Moderating Role of Man-Nature Orientation and Perceived Behavioral Control

SAGE Open ◽  
2021 ◽  
Vol 11 (4) ◽  
pp. 215824402110544
Author(s):  
Sajjad Ahmad Afridi ◽  
Wajid Khan ◽  
Maqsood Haider ◽  
Asad Shahjehan ◽  
Bilal Afsar
Keyword(s):  
Behavioral Control ◽  
Sampling Technique ◽  
Future Generations ◽  
Hierarchical Regression ◽  
Perceived Behavioral Control ◽  
Purchasing Behavior ◽  
Activation Theory ◽  
Green Purchasing ◽  
The Impact

Environment has become a major social problem for a greater number of people than ever before in recent years. As a consequence, in-depth research on green marketing and green purchasing has increased significantly. Although academic researchers have examined antecedents of green purchasing behavior, there still is room for further progress. One such area that needs further investigation is the role of generativity on green purchasing behavior because sustainability requires a long-term perspective that is embedded in the concept of generativity. This study examines the impact of generativity on consumer green purchasing behavior. Generativity refers to individuals’ beliefs that their current behaviors have consequences that extend into future generations. Moreover, the moderating roles of man-nature orientation and perceived behavioral control on generativity-green purchasing behavior link are also examined. Based on moral norm-activation theory, value-belief-norm theory, and theory of planned behavior, hypotheses were developed. Data were collected from a homogenous sample of 416 university students of four faculties through the non-probability sampling technique. Hierarchical regression analysis was used to test the hypotheses. Results show that generative consumers are more likely to show green purchasing behavior. Man-nature orientation and perceived behavioral control positively moderate the relationship between generativity and green purchasing behavior. Findings revealed that consumers who possess a greater concern for future generations, and high on man-nature orientation and perceived behavioral control constitute a segment that will be more likely to engage in green purchasing behavior, enabling effective targeting of marketing communications.

scholarly journals Involvement of Students in Participation in Research Processes During the Study of Economic Disciplines

2021 ◽  
Vol 6 (1) ◽  
pp. 34-39
Author(s):  
Olena Bugrova ◽  
Ihor Lukyanchuk
Keyword(s):  
Behavioral Economics ◽  
Case Studies ◽  
Jel Classification ◽  
Educational Process ◽  
Group Approach ◽  
Daily Lives ◽  
Creative Research ◽  
Multicriteria Assessment ◽  
Participation In Research

The article considers the positive opportunities that are revealed by involving students in research processes during their studies. The analysis showed that the integrated combination of students’ acquisition of competencies such elements as individual and group approach to decision making, multicriteria assessment, creative research methods, behavioral economics, etc. allows students to better master the relevant areas of knowledge. The motivation is an important issue of students studying. Behavioral aspects are an effective tool for the formation and development of students’ interest in in-depth learning of economic disciplines.The purpose of the article is to determine the factors due to which the practical application of decisionmaking techniques affects learning outcomes. If the case studies address economic issues that students often meet in their daily lives, it gives the opportunity to maximize their creative participation in the learning process, because they are more interested in finding a “better” solution. Acquisition of knowledge is more effective not on abstract or detached examples, but on cases of solving students’ economic problems. Particular attention is paid to the development of appropriate case studies, as well as the procedure for further analysis of the results of solving such cases. The implementation of these studies in classes on economic disciplines contributes to the formation of a more active students’ attitude to learning. The article reveals the role of the application of behavioral economics models in the educational process. Involving students in research processes in the study should become one of the mandatory learning elements for more effective acquisition of the necessary competencies. The illustrative example testifies to the expediency and usefulness of wide implementation of the proposed approaches in the practice of teaching economic disciplines. JEL classification: А13, А22, D03, D81

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