Using competence sets to analyze the consumer decision problem

Using competence sets to analyze the consumer decision problem

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Article ID: iaor20014057
Country: Netherlands
Volume: 128
Issue: 1
Start Page Number: 98
End Page Number: 118
Publication Date: Jan 2001
Journal: European Journal of Operational Research
Authors:
Keywords: fuzzy sets
Abstract:

This study is intended to provide a different approach to complement the existing consumer decision models (CDMs). Based on the concept of habitual domains and competence sets, we supply a framework for helping a firm in expanding the benefits of its products to fully address the consumer's needs. According to the features of consumers' decision making, we use challenging problem types to explore extensive problem solving, fuzzy problem types for limited problem solving, and routine and mixed routine problem types for routine problem solving. In addition, several useful indexes are established using fuzzy measures in this study, including the possibility of successfully appealing to consumers, the degree of consumer satisfaction, the degree of compatibility, and the degree of uniqueness. These indexes can be a decision support for implementing competence set analysis in practical applications. Finally, an empirical study on children's apparel was conducted to show the applicability and feasibility of our proposed method in practice.

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