Ultimately, the consumer decision depends on their reference interest rate or their time preference.
Studies have shown that similar attributions are made in various situations, such as the workplace, interpersonal relationships, sports, and consumer decisions.
The world is interconnected, and humans must create space for awareness in daily consumer decisions.
"People are making a consumer decision for private over public choices and are willing to be creative to pay for it."
He said surveys had shown that use of the hormone was beginning to affect consumer decisions on what milk to buy.
China's "little emperors" are the single greatest force in determining consumer decisions today, experts say.
Because private companies suggest to their customers in consumer decisions the consciousness of citizens, the state has to "appeal to" its citizens like consumers.
The complexity of consumer decisions in itself can result in ego depletion.
Not surprisingly, research shows that price is an important factor in most consumer decisions about whether and when to subscribe to a new service.
These are necessary tools that will enable consumers to rationally assess their dietary and consumer decisions.