The Irrational Consumer: Applying Behavioural Economics to Your Business Strategy

Author:   Enrico Trevisan
Publisher:   Taylor & Francis Ltd
Edition:   New edition
ISBN:  

9781472413444


Pages:   154
Publication Date:   28 September 2013
Format:   Hardback
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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The Irrational Consumer: Applying Behavioural Economics to Your Business Strategy


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Overview

Companies of all kinds have fallen into some of the most fundamental of traps when it comes to consumer marketing; in assuming that the motivation that drives their customers is entirely rational. Enrico Trevisan's The Irrational Consumer builds on the ground breaking works on behavioural economics of authors such as Daniel Kahneman and Richard Thaler in order to explain the fundamental drivers of customer decisions and how to incorporate these into your business strategy. Learn how consumers respond to different offer architectures and discounts; why they sometimes struggle to see the wood for the trees in a world of ever-increasing options; what are the rules of thumb they develop for making sense of value. Behavioural economics offers organizations perspectives for engaging with customers, whose views on what to buy are strongly driven by contextual factors, such as the framework and the dynamics of choices. Enrico Trevisan's The Irrational Consumer is your 'must-have' primer to this world.

Full Product Details

Author:   Enrico Trevisan
Publisher:   Taylor & Francis Ltd
Imprint:   Routledge
Edition:   New edition
Dimensions:   Width: 15.60cm , Height: 1.10cm , Length: 23.40cm
Weight:   0.430kg
ISBN:  

9781472413444


ISBN 10:   147241344
Pages:   154
Publication Date:   28 September 2013
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

Introduction; Chapter 1 The Loss of Rationality; Chapter 2 A Passion for Deals; Chapter 3 The Sense of Possession; Chapter 4 An Embarrassment of Riches; Chapter 5 Sunk Costs and Re-Emerging Costs; Chapter 6 Divide and Rule; Chapter 7 Money Games; Chapter 8 Ulysses, The Sirens and The Challenge of Self Control; Chapter 9 Mind Games;

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Author Information

Enrico Trevisan, a recognised expert in pricing and behavioural economics, is Partner at Simon-Kucher & Partners, the world leader in price consulting. Author of Value Pricing, Selbstbindung: Ein vernachlassigtes Phanomen in der Strategieforschung and a number of articles focused on behavioural economics, strategy and marketing, he is in high demand as a conference speaker around the world. Enrico Trevisan studied Political Science at the University of Turin, he holds a Master Degree in Business Research from the University of Munich and a Ph.D. also from the University of Munich in Strategic Management and Organizational Theory, with a focus on Behavioural Economics.

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