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Consumer behavior modeling of “smart†scales choosing

Author

Listed:
  • Liudmyla DOROKHOVA

    (University of Tartu, Tartu, Estonia)

  • Iskra NENCHEVA

    (Trakia University, Stara Zagora, Bulgaria)

  • Oleksandr DOROKHOV

    (University of Tartu, Tartu, Estonia)

  • Oleksii YERMOLENKO

    (Simon Kuznets Kharkiv National University of Economics, Kharkiv, Ukraine)

  • Nikolay PENEV

    (Trakia University, Stara Zagora, Bulgaria)

Abstract

Objectives: at the beginning considered approaches for analysis of consumer behavior, its evolution, basic principles, advantages; in relation to products and household goods of daily demand, and factors affecting behavior and choice; the goal of the study was to develop a model for consumer comparative assessment of products offered on the market based on a comparison of the basic user and technical characteristics of these products that are important to potential buyers. Methods/Approach: was developed buyer’s multicriteria model for the estimation and selection of household smart diagnostic scales using the methodology of fuzzy modelling; were given groups of users of household diagnostic scales for monitoring the state of the body on the Ukrainian market; consumer criteria when buyers choose smart scales had been identified, described and formalized; as a method of modeling, fuzzy logic was chosen, because this approach allows accurately reflect consumer preferences and potential choice. Results: applied model for estimating qualities of smart scales by customers in Matlab was developed; the membership functions and terms were defined and constructed, as well as fuzzy rules to make decisions on the estimation of compared smart scales; the numerical example for scales presented on the market was given. Conclusions: calculations and analyze of results confirmed the applicability of the proposed approach and its correctness for modeling consumer behavior by fuzzy logic models; the prospects of application, development, and improvement of the developed model and the proposed approach were determined.

Suggested Citation

  • Liudmyla DOROKHOVA & Iskra NENCHEVA & Oleksandr DOROKHOV & Oleksii YERMOLENKO & Nikolay PENEV, 2024. "Consumer behavior modeling of “smart†scales choosing," Access Journal, Access Press Publishing House, vol. 5(1), pages 141-162, November.
  • Handle: RePEc:aip:access:v:5:y:2024:i:1:p:141-162
    DOI: 10.46656/access.2024.5.1(9)
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    More about this item

    Keywords

    consumer behavior; customer choice; product evaluation; diagnostic scale; multicriteria modeling;
    All these keywords.

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • D19 - Microeconomics - - Household Behavior - - - Other
    • L67 - Industrial Organization - - Industry Studies: Manufacturing - - - Other Consumer Nondurables: Clothing, Textiles, Shoes, and Leather Goods; Household Goods; Sports Equipment
    • M39 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Other

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