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Rationality And Methods Of Research Into Consumer Market Behavior

Author

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  • Tomasz Zalega

    (Warsaw University, Poland)

Abstract

The issue of rationality of consumption and consumer behavior becomes more and more relevant in today’s economy. The objective of this article is to analyze the rationality of consumer behaviors in the market from the point of view of various economic schools, using classical methods as well as the concept of ecological rationality which is more akin to an institutional approach. The article also addresses important, selected aspects concerning certain approaches and methods used in research on rationality of consumer behaviors in the market. Particular attention is paid to the problem of rationality in methodology of empirical studies. The analysis of selected research approaches (i.e. predictive and postdictive approach) to the problem of rational choice and consumer behavior, considered from the point of view of both those approaches, makes for a summing-up of the article.

Suggested Citation

  • Tomasz Zalega, 2012. "Rationality And Methods Of Research Into Consumer Market Behavior," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 7(4), pages 77-99, December.
  • Handle: RePEc:pes:ierequ:v:7:y:2012:i:4:p:77-99
    DOI: 10.12775/EQUIL.2012.028
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    Citations

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    Cited by:

    1. Iwona M. Batyk & Jan Žukovskis & Lina Pilelienė, 2023. "Determinants of Cross-Border Food Purchases on the European Union Market: Research Results from the Lithuanian–Polish Border," Sustainability, MDPI, vol. 15(13), pages 1-21, June.
    2. Iwona M. Batyk, 2021. "Purchasing Behaviors of Consumers from third Countries on European Union Markets: A Case Study," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 1118-1133.
    3. Tomasz Zalega, 2015. "Behavioural Economics as a New Trend in Economics – An Overview (Ekonomia behawioraln jako nowy nurt ekonomii - zarys problemtyki)," Research Reports, University of Warsaw, Faculty of Management, vol. 1(18), pages 7-25.

    More about this item

    Keywords

    constructivist and ecological rationality; formal rationality principle; maximizing family concept; perspective theory; cognitive model; imperfect knowledge model;
    All these keywords.

    JEL classification:

    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory

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