國立虎尾科技大學 |

Inconsistencies in Consumer Intertemporal Decisions and Marketplace Inferences.

Record Type:	Language materials, manuscript : Monograph/item
Title/Author:	Inconsistencies in Consumer Intertemporal Decisions and Marketplace Inferences./
Author:	Jang, Minkwang.
Description:	1 online resource (163 pages)
Notes:	Source: Dissertations Abstracts International, Volume: 85-12, Section: B.
Contained By:	Dissertations Abstracts International85-12B.
Subject:	Psychology. -
Online resource:	click for full text (PQDT)
ISBN:	9798382775494

Inconsistencies in Consumer Intertemporal Decisions and Marketplace Inferences.
Jang, Minkwang.

Inconsistencies in Consumer Intertemporal Decisions and Marketplace Inferences. - 1 online resource (163 pages)

Source: Dissertations Abstracts International, Volume: 85-12, Section: B.

Thesis (Ph.D.)--The University of Chicago, 2024.

Includes bibliographical references

This dissertation is comprised of three distinct works of research that investigate inconsistencies in people's judgments and decisions with the goal of deriving insights that can inform our understanding of how people make economic decisions. The first two chapters focus on intertemporal choice, while the third chapter examines people's marketplace inferences.The first and second chapters evaluate the common assumptions in the existing time discounting literature and propose new accounts for how consumers make intertemporal choices that can explain behaviors that deviate from the predictions of traditional time discounting models.Specifically, the first chapter examines how consumers' subjective financial periods-the idiosyncratic time categories they use to manage their financial goals-affect their intertemporal choice over financial benefits. Consumers are more impatient when choosing between options that are in different subjective financial periods than when choosing between options within the same subjective period. This leads them to exhibit time-inconsistent preferences, which have commonly been attributed to present bias in prior research.The second chapter documents how consumers' impatience to receive progress signals- actions or events that provide information about the progress of delayed rewards-separately from their impatience to receive the actual rewards, affects their intertemporal choice. Holding reward timings constant, people exhibit higher impatience for options that offer sooner progress signals, which offer sooner uncertainty reduction. This phenomenon is not well-accommodated within the traditional time discounting framework, which assumes that consumers' choices are based on the valuation of the rewards as a function of their timing.The last chapter examines how people compare different people's liking of an option based on their consideration sets, specifically the size of the sets (i.e., the number of items included in the consideration set). People infer that a consumer with a smaller consideration set likes an option in the set more than another consumer with a larger consideration set that includes the same option. However, this inference is subject to change depending on how salient the superordinate category structure of the options is.

Electronic reproduction.
Ann Arbor, Mich. :
ProQuest,
2024

Mode of access: World Wide Web

ISBN: 9798382775494Subjects--Topical Terms:

555998
Psychology.
Subjects--Index Terms:

Consumer behaviorIndex Terms--Genre/Form:

554714
Electronic books.

Inconsistencies in Consumer Intertemporal Decisions and Marketplace Inferences.
LDR:03687ntm a22003977 4500 001 1148644
005 20240924103858.5
006 m o d
007 cr bn ---uuuuu
008 250605s2024 xx obm 000 0 eng d
020 $a 9798382775494
035 $a (MiAaPQ)AAI31146272
035 $a AAI31146272
040 $a MiAaPQ $b eng $c MiAaPQ $d NTU
100 1 $a Jang, Minkwang. $3 1474660
245 1 0 $a Inconsistencies in Consumer Intertemporal Decisions and Marketplace Inferences.
264 0 $c 2024
300 $a 1 online resource (163 pages)
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
500 $a Source: Dissertations Abstracts International, Volume: 85-12, Section: B.
500 $a Advisor: Urminsky, Oleg.
502 $a Thesis (Ph.D.)--The University of Chicago, 2024.
504 $a Includes bibliographical references
520 $a This dissertation is comprised of three distinct works of research that investigate inconsistencies in people's judgments and decisions with the goal of deriving insights that can inform our understanding of how people make economic decisions. The first two chapters focus on intertemporal choice, while the third chapter examines people's marketplace inferences.The first and second chapters evaluate the common assumptions in the existing time discounting literature and propose new accounts for how consumers make intertemporal choices that can explain behaviors that deviate from the predictions of traditional time discounting models.Specifically, the first chapter examines how consumers' subjective financial periods-the idiosyncratic time categories they use to manage their financial goals-affect their intertemporal choice over financial benefits. Consumers are more impatient when choosing between options that are in different subjective financial periods than when choosing between options within the same subjective period. This leads them to exhibit time-inconsistent preferences, which have commonly been attributed to present bias in prior research.The second chapter documents how consumers' impatience to receive progress signals- actions or events that provide information about the progress of delayed rewards-separately from their impatience to receive the actual rewards, affects their intertemporal choice. Holding reward timings constant, people exhibit higher impatience for options that offer sooner progress signals, which offer sooner uncertainty reduction. This phenomenon is not well-accommodated within the traditional time discounting framework, which assumes that consumers' choices are based on the valuation of the rewards as a function of their timing.The last chapter examines how people compare different people's liking of an option based on their consideration sets, specifically the size of the sets (i.e., the number of items included in the consideration set). People infer that a consumer with a smaller consideration set likes an option in the set more than another consumer with a larger consideration set that includes the same option. However, this inference is subject to change depending on how salient the superordinate category structure of the options is.
533 $a Electronic reproduction. $b Ann Arbor, Mich. : $c ProQuest, $d 2024
538 $a Mode of access: World Wide Web
650 4 $a Psychology. $3 555998
650 4 $a Behavioral sciences. $3 1148596
653 $a Consumer behavior
653 $a Decision making
653 $a Inferences
653 $a Intertemporal choice
653 $a Time discounting
655 7 $a Electronic books. $2 local $3 554714
690 $a 0338
690 $a 0621
690 $a 0602
710 2 $a ProQuest Information and Learning Co. $3 1178819
710 2 $a The University of Chicago. $b Business. $3 1179073
773 0 $t Dissertations Abstracts International $g 85-12B.
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=31146272 $z click for full text (PQDT)