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- W2087936121 abstract "Although time may indeed be the most important of economic resources, it was not until Gary Becker's (1964) seminal paper that a serious attempt was made to develop a theoretical framework that could analyse the way in which individuals allocate their time between various activities. This is not to say that traditional economic theory totally ignored this topic; rather, time took on a very secondary role. In subsequent decades, however, economic, psychological and sociological investigators have all devoted considerable energy to developing models and collecting data on time use. Nevertheless, despite the large body of time-use literature that has evolved over the past decades, one aspect has still received relatively little attention: the effect of changes in time-use behaviour in general and increased time pressure in particular (see, e.g., Linder 1970; Roxburgh 2002) has had on consumers and how consumer policy has reacted to these developments. Individual consumption and time use can be viewed from several perspectives: as the process of using—or enjoying or even dissipating—personal goods and services; as the effort to acquire personal wealth, which usually means engaging in paid work and balancing it with the needs of (unpaid) work in the informal sector (e.g., care giving, household work); and/or as the handling, disposing, and managing of the accumulated “stuff of life.” From all perspectives, consumption is deeply embedded in the context of social “time scapes” (Adam 1998) that, by defining its hours, rhythms, and temporalities, shape and restrict consumer decisions in myriad ways. Hence, recognition of the growing J Consum Policy (2010) 33:115–118 DOI 10.1007/s10603-010-9125-6" @default.
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- W2087936121 date "2010-03-23" @default.
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- W2087936121 title "Time Allocation, Consumption, and Consumer Policy" @default.
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