Consumer Specialization and the Demand for Novelty: a Reconsideration of the Links and Implications for Studying Fashion Cycles in Tourism
How does the consumer’s predisposition to seek arousing new sensations affect their tendency to accumulate knowledge about consumption activities? Using recent insights about the dynamic interaction of learning mechanisms that are part of the individual’s genetic endowment, we argue that, contra Scitovsky (1976), the emergence of relatively convenient forms of entertainment may foster – rather than inhibit – the accumulation of consumer knowledge. Furthermore, because specialized consumers have a greater tendency to innovatively modify aspects of the consumption activity, we argue that this specialization process fundamentally affects the rate at which consumers become habituated to novelty. This represents an important way in which cognitive learning patterns interact with non-cognitive learning dynamics and it has consequences for understanding the direction and length of fashion cycles in recreational activities. In particular, we discuss how this perspective can be applied to studying tourism demand patterns and the ‘Destination Life Cycle’.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 232 (2012)
Issue (Month): 6 (November)
|Contact details of provider:|| Postal: Licher Straße 74, 35394 Gießen|
Phone: +49 (0)641 99 22 001
Fax: +49 (0)641 99 22 009
Web page: http://wiwi.uni-giessen.de/home/oekonometrie/Jahrbuecher/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Richard N. Langlois, 2000. "Knowledge, Consumption, and Endogenous Growth," Working papers 2000-02, University of Connecticut, Department of Economics.
- Bianchi, Marina, 2003. "A questioning economist: Tibor Scitovsky's attempt to bring joy into economics," Journal of Economic Psychology, Elsevier, vol. 24(3), pages 391-407, June.
- Mokhtarian, Patricia & Salomon, Ilan, 2001.
"How Derived is the Demand for Travel? Some Conceptual and Measurement Considerations,"
Institute of Transportation Studies, Working Paper Series
qt1z26n1r8, Institute of Transportation Studies, UC Davis.
- Mokhtarian, Patricia L. & Salomon, Ilan, 2001. "How derived is the demand for travel? Some conceptual and measurement considerations," Transportation Research Part A: Policy and Practice, Elsevier, vol. 35(8), pages 695-719, September.
- Mokhtarian, Patricia L & Salomon, Ilan, 2001. "How Derived is the Demand for Travel? Some Conceptual and Measurement Considerations," University of California Transportation Center, Working Papers qt7cx951n5, University of California Transportation Center.
- Andreas Chai, 2010.
"Consumer specialization and the Romantic transformation of the British Grand Tour of Europe,"
Papers on Economics and Evolution
2010-08, Philipps University Marburg, Department of Geography.
- Andreas Chai, 2011. "Consumer specialization and the Romantic transformation of the British Grand Tour of Europe," Journal of Bioeconomics, Springer, vol. 13(3), pages 181-203, October.
- Peter E Earl & Jason Potts, 2000. "Latent demand and the browsing shopper," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 21(3-4), pages 111-122.
- Roland Helm & Sebastian Landschulze, 2009. "Optimal stimulation level theory, exploratory consumer behaviour and product adoption: an analysis of underlying structures across product categories," Review of Managerial Science, Springer, vol. 3(1), pages 41-73, March.
- Ulrich Witt, .
"How Evolutionary is Schumpeter's Theory of Economic Development?,"
Papers on Economics and Evolution
2001-12, Philipps University Marburg, Department of Geography.
- Ulrich Witt, 2002. "How Evolutionary Is Schumpeter'S Theory Of Economic Development?," Industry and Innovation, Taylor & Francis Journals, vol. 9(1-2), pages 7-22.
- Scitovsky, Tibor, 1981. "The Desire for Excitement in Modern Society," Kyklos, Wiley Blackwell, vol. 34(1), pages 3-13.
- Richard, Marie-Odile & Chebat, Jean-Charles & Yang, Zhiyong & Putrevu, Sanjay, 2010. "A proposed model of online consumer behavior: Assessing the role of gender," Journal of Business Research, Elsevier, vol. 63(9-10), pages 926-934, September.
- Richard N. Langlois & Metin M. Cosgel, 1996. "The Organization of Consumption," Working papers 1996-07, University of Connecticut, Department of Economics.
When requesting a correction, please mention this item's handle: RePEc:jns:jbstat:v:232:y:2012:i:6:p:678-701. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Winker)
If references are entirely missing, you can add them using this form.