The Impact of Information on Consumer Behavior: the Modern Trends
Abstract
The article represents an analysis of the influence, which information produces on rationality of consumer behavior. The author examines factors that intensify the importance of information in consumer choice. Growing volumes of information and its increasing complexity make the consumer choice less independent and more vulnerable to producers’ manipulations. The choice is increasingly dependent on person’s environment, and real consumer behavior is deviating from commonly accepted model.
Keywords:
consumer behaviour
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Articles of the St Petersburg University Journal of Economic Studies are open access distributed under the terms of the License Agreement with Saint Petersburg State University, which permits to the authors unrestricted distribution and self-archiving free of charge.