Abstract
This paper presents a cybernetic decision model linking discrepancy theory to perceived risk and decision-type research. A scarce set of variables is used for modelling the pre-purchase, purchase and post-purchase phase. Five decision types are proposed and a bigger picture on consumer perception, decision making, and customer value creation is provided.
| Original language | English |
|---|---|
| Title of host publication | Contributions to Management Science |
| Publisher | Physica-Verlag |
| Pages | 189-206 |
| Number of pages | 18 |
| ISBN (Print) | 978-3-7908-2746-0 |
| DOIs | |
| Publication status | Published - 2012 |
| Event | Value Chain Management (VCM) Conference - Steyr, Austria Duration: 4 May 2011 → 5 May 2011 http://www.vcm-conference.com |
Publication series
| Name | Contributions to Management Science |
|---|---|
| ISSN (Print) | 1431-1941 |
| ISSN (Electronic) | 2197-716X |
Conference
| Conference | Value Chain Management (VCM) Conference |
|---|---|
| Country/Territory | Austria |
| City | Steyr |
| Period | 04.05.2011 → 05.05.2011 |
| Internet address |
Keywords
- Decision Making
- Habit
- Perceived risk
- Customer value
- Decision types
- Prosperity
- Emotion
- Schema theory