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- W2151151977 abstract "The economic crisis and its obvious effects are mou lding consumer behaviour and offer the framework for reshaping con sumption patterns. However, confronted with budget changes it is natural to ass ume that consumers might be reluctant to immediately recast their consumption p atterns. Their reluctance can be related to the notion of hysteresis which is used b y economists to describe the persistent influence of past economic events. The p aper aims at presenting the notion of hysteresis, briefly reviewing its application to economics and especially consumer behaviour, given the vast possibilities for empiric al testing offered by the present context." @default.
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- W2151151977 title "CONSUMER BEHAVIOUR: DOES HISTORY MATTER?" @default.
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