Post Keynesian consumer theory: Potential synergies with consumer research and economic psychology

Lavoie, Marc

doi:10.1016/j.joep.2003.02.001

Cited by 62 publications

(50 citation statements)

References 20 publications

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“…On the other hand, it should be considered that individual characteristics (age, gender, human capital) may infl uence individual preferences and priorities towards club membership, and ultimately determine the individual utility and proposed alternatives (Lavoie, 2004). Furthermore, it is assumed that the extent of the individual utility of club membership depends on an individual's club-related experiences and relationships (Braun & Nagel, 2005;Nagel, 2006a).…”

Section: Multilevel Model Of Member Commitment In Sport Clubsmentioning

confidence: 99%

Does context matter? Analysing structural and individual factors of member commitment in sport clubs

Schlesinger

Nagel

2015

European Journal for Sport and Society

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This article addresses factors that infl uence member commitment in sport clubs. Based on the theory of social action and the economic behaviour theory, it focuses not only on individual characteristics of club members but also on the corresponding structural conditions of sport clubs. Accordingly, a multilevel framework is developed for explaining member commitment in sport clubs. Different multilevel models were estimated in order to analyse the infl uences of both the individual and corresponding context level in a sample of n = 1,699 members of 42 Swiss and German sport clubs. The multilevel analysis permitted an adequate handling of hierarchically structured data. Results of these multilevel analyses indicated that the commitment of members is not just an outcome of individual characteristics such as strong identifi cation with their club, positively perceived (collective) solidarity, satisfaction with their sport club, or voluntary engagement. It is also determined by club-specifi c structural conditions: commitment proves to be more probable in rural sport clubs and clubs that explicitly support sociability. Furthermore, cross-level effects in relation to member commitment were also found between the context variable sociability and the individual variable identifi cation.

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Section: Multilevel Model Of Member Commitment In Sport Clubsmentioning

confidence: 99%

Does context matter? Analysing structural and individual factors of member commitment in sport clubs

Schlesinger

Nagel

2015

European Journal for Sport and Society

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“…They claim that firms influence and even manipulate consumer decisions which puts the firm into the center of economic analysis. Moreover, Post Keynesians such as Lavoie 1994Lavoie 2004 have highlighted the importance of Maslow (1943)'s hierarchy of needs for consumption behavior. In this view, individuals have different categories of needs and move with higher income levels from lower categories to higher ones.…”

Section: Individual Dimension Of Social Normsmentioning

confidence: 99%

Uncertainty, social norms and consumption theory: Post and New Keynesian approaches

Menz¹

2010

European Journal of Economics and Economic Policies: Intervention

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Abstract Consumption theory has always been a neglected field in Post Keynesian economics, whereas it is at the center of New Keynesian economics. This paper investigates similarities and differences between the two approaches. I will show that the newer mainstream models indeed give results that are fairly similar, even if differences, especially concerning methodological questions, still remain. Building on insights from Economic Sociology and Behavioral Economics, the importance for consumption theory of an adequate treatment of risk and uncertainty on the one hand and the role of social norms on the other hand is emphasized. Terms of use: Documents in EconStor may

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“…Furthermore, although it has not made a substantial impact to the established contemporary theory of choice, a number of economists like Little, (1957), Encarnacion (1964), Georgescu-Roegen (1966), Chipman (1971, Day (1971), Gorman (1971), Earl (1986), Falkinger (1990), Pfouts (2002, Lavoie (2004) and others have discussed hierarchical-type preferences (for a review see Drakopoulos, 1994;Drakopoulos and Karayiannis, 2004).…”

Section: The Hierarchical Approachmentioning

confidence: 99%

The paradox of happiness: towards an alternative explanation

Drakopoulos

2007

J Happiness Stud

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Post Keynesian consumer theory: Potential synergies with consumer research and economic psychology

Cited by 62 publications

References 20 publications

Does context matter? Analysing structural and individual factors of member commitment in sport clubs

Does context matter? Analysing structural and individual factors of member commitment in sport clubs

Uncertainty, social norms and consumption theory: Post and New Keynesian approaches

The paradox of happiness: towards an alternative explanation

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