ABSTRACT
Examines consumer decision-making on products and services of variable quality at the level of retail markets. Addresses for the first time consumer-producer interaction at the level of the individual consumer; issues of quality, consumption experience, and willingness-to-pay, as exhibited by individual consumers; and how these issues affect the decision-making process.
TABLE OF CONTENTS
part I|88 pages
Evolution of Variable Quality in Economic Thought
chapter Chapter 3|14 pages
Theory of the Consumer and Variable Quality
The Contributions of James Duesenberry and Henri Theil
chapter Chapter 4|15 pages
Theory of the Consumer and Variable Quality
The Contribution of Hendrik Houthakker
chapter Chapter 6|27 pages
Wants, Characteristics, Price Indices, and Variable Quality
Ironmonger, Lancaster, Fisher and Shell, Muellbauer, and Others
part I|180 pages
A New Economic Theory of the Consumer
chapter Chapter 9|8 pages
Stability of b i , Attractors, and Self-Perception
A Feigenbaum Model of Consumer Decision Making
chapter Chapter 14|45 pages
Individual Consumer Demand from x i x j Space
Interaction with the ith Commodity Producer
chapter Chapter 15|28 pages
Individual Consumer Demand from xixj Space
Consumer Interaction with the ith and jth Commodity Producers