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aspiration adaptation theory
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bounded rationality
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consumer's theory
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imitation
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Marciales Parra, Nicolas
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Review of Applied Socio-Economic Research
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A mathematical model for consumers based on
aspiration
adaptation
theory
and bounded rationality
Marciales Parra, Nicolas
- In:
Review of Applied Socio-Economic Research
5
(
2013
)
1
,
pp. 136-143
theory, where the basis of decision-making is the
Aspiration
Adaptation
Theory
(Selten, 1998). Each consumer try to imitate …
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