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Socio-Psychological Theories About Consumer Behaviour

Author

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  • Violeta Peteva Laskova

    (University of Economics - Varna)

Abstract

Consumer behaviour is a complex social phenomenon that presents a real challenge in both theoretical and practical aspects. It is a scientific area with a strong emphasis on interdisciplinary character and conceptual basises that are extremely broad and complex. These basises cover the fundamental social sciences that human civilization has built for millennia, but also many interdisciplinary and frontier scientific areas of recent decades. When studying consumer behaviour, it is logical to seek complementarity between the normative and empirical theories. The socio-psychological theories that have had the most significant influence on the study of consumer behaviour are the theory of bounded rationality, heuristics, and the prospect theory.

Suggested Citation

  • Violeta Peteva Laskova, 2017. "Socio-Psychological Theories About Consumer Behaviour," Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series, Union of Scientists - Varna, Economic Sciences Section, issue 1, pages 45-51, November.
  • Handle: RePEc:vra:journl:y:2017:i:1:p:45-51
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    File URL: http://www.su-varna.org/izdanij/2017/ikonomika-017-1/45-51.pdf
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    More about this item

    Keywords

    Consumer Behaviour; Bounded Rationality; Heuristic; Affect Heuristic; Prospect Theory; The Iceberg principle; Symbolism;
    All these keywords.

    JEL classification:

    • A00 - General Economics and Teaching - - General - - - General

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