Household life-cycle stages, transitions, and product expenditures

Article Abstract:

Data from the U.S. Bureau of Labor Statistics' Consumer Expenditure Survey provide empirical verification of changes in household spending across a wide variety of products as households pass from one stage of the household life cycle to another. Three spending patterns emerged: (1) a generalized inverted U pattern, with spending rising sharply as households shift from young single to young married, then remaining relatively high, and falling sharply at the older married and/or older single stages, (2) generally increasing expenditures across stages until the last one or two stages, and (3) generally decreasing expenditures across the life cycle. Expenditures are especially influenced by the presence of young children in the household. (Reprinted by permission of the publisher.)

Consumption (Economics), Family, Housewares

---

Equity and disconfirmation perceptions as influences on merchant and product satisfaction

Article Abstract:

Prior work on equity and disconfirmation determinants of transaction satisfaction was extended to product satisfaction. Based on perceptions of inputs and outcomes of buyer, dealer, and salesperson, two subtractive versions of the equity formula - absolute equity difference and equity advantage - were tested with fairness and preference as mediating variables. Both variables were related only to the equity advantage formula, and disconfirmation and fairness were shown to be distinct components of post-transaction dispositions. Moreover, product satisfaction was shown to be a function of product disconfirmation, complaining, and satisfaction with the dealer. The latter apparently mediates both fairness and salesperson satisfaction. (Reprinted by permission of the publisher.)

Decision-making, Decision making, Analysis, Consumer confidence, Satisfaction, Satisfaction (Psychology)

---

Similar abstracts:

• Abstracts: How enjoyable was it? Remembering an affective reaction to a previous consumption experience
• Abstracts: The German R&D system in transition: empirical results and prospects of future development
• Abstracts: External search effort: an investigation across several product categories
• Abstracts: Impact of management by objectives on organizational productivity. Influence of top management commitment on management program success
• Abstracts: Employment status and psychological well-being: a longitudinal study. Relationship of employment status to mental health and family variables in black men from single-parent families

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.