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A Conceptual and Empirical Comparison of Alternative Household Life Cycle Models

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  • Schaninger, Charles M
  • Danko, William D

Abstract

In this article we conceptually and empirically compare a number of alternative family life cycle models, ranging from traditional to "modernized." These comparisons evaluate each model's ability to identify homogeneous categories, maximize between-group variation, classify nearly all households, and result in a reasonably small number of sufficient size categories. Our empirical comparisons consist of a number of between- and within-category a priori contrasts related to these criteria, as well as overall tests of each model's ability to capture attitudinal, leisure activity, and consumption differences. While the model of M. C. Lilly and B. M. Enis outperformed other models overall, we suggest potential modifications based on our a priori comparison findings. We also provide recommendations for future research to determine how to best incorporate nontraditional family forms. Copyright 1993 by the University of Chicago.

Suggested Citation

  • Schaninger, Charles M & Danko, William D, 1993. "A Conceptual and Empirical Comparison of Alternative Household Life Cycle Models," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 19(4), pages 580-594, March.
  • Handle: RePEc:oup:jconrs:v:19:y:1993:i:4:p:580-94
    DOI: 10.1086/209324
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    Cited by:

    1. Tangeland, Torvald & Aas, Øystein, 2011. "Household composition and the importance of experience attributes of nature based tourism activity products – A Norwegian case study of outdoor recreationists," Tourism Management, Elsevier, vol. 32(4), pages 822-832.
    2. Holbrook, Morris B. & Schindler, Robert M., 1996. "Market segmentation based on age and attitude toward the past: Concepts, methods, and findings concerning nostalgic influences on customer tastes," Journal of Business Research, Elsevier, vol. 37(1), pages 27-39, September.
    3. Gunnarsson, Jonas & Wahlund, Richard, 1997. "Household financial strategies in Sweden: An exploratory study," Journal of Economic Psychology, Elsevier, vol. 18(2-3), pages 201-233, April.
    4. Diana Ka-Yan Mok, 2005. "The Life Stages and Housing Decisions of Young Households: An Insider Perspective," Environment and Planning A, , vol. 37(12), pages 2121-2146, December.
    5. Pannhorst, Matthias & Dost, Florian, 2019. "Marketing innovations to old-age consumers: A dynamic Bass model for different life stages," Technological Forecasting and Social Change, Elsevier, vol. 140(C), pages 315-327.
    6. Neulinger, Ágnes & Radó, Márta, 2015. "Családi életciklusok szerint eltérő fogyasztási minták elemzése [Analysis of differing consumption patterns according to household life cycles]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 415-437.
    7. Jing Jian Xiao & Rui Yao, 2011. "Consumer Debt Delinquency over Life Cycle Stages," NFI Working Papers 2011-WP-18, Indiana State University, Scott College of Business, Networks Financial Institute.
    8. Matthias Pannhorst & Florian Dost, 2022. "A Life-Course View on Ageing Consumers: Old-Age Trajectories and Gender Differences," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 17(2), pages 1157-1180, April.
    9. Eva Ventura & Albert Satorra, 1998. "Lyfe-cycle effects on household expenditures: A latent-variable approach," Economics Working Papers 354, Department of Economics and Business, Universitat Pompeu Fabra.
    10. Djursaa, Malene & Kragh, Simon Ulrik, 1998. "Central and peripheral consumption contexts: the uneven globalization of consumer behaviour," International Business Review, Elsevier, vol. 7(1), pages 23-38, February.

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