Concepedia

Consumer Mistakes

Consumer Mistakes is a theoretical construct in Behavioral Industrial Organization that identifies systematic deviations from rational choice due to bounded rationality, imperfect information, or cognitive biases, distinguishing it from optimal decision-making models by emphasizing predictable errors in consumer behavior within market contexts.

86

Publications

6.8K

Citations

174

Authors

113

Institutions

Publications per year

2017–2026

25

Variants

Consumer Errors

Parents

Publications

86

The Age of Reason: Financial Decisions over the Life Cycle and Implications for Regulation

Sumit Agarwal, John C. Driscoll, Xavier Gabaix et al. · Brookings Papers on Economic Activity · 2009 · 839 citations · Full text

, , +11

The Influence of Anticipating Regret and Responsibility on Purchase Decisions

Itamar Simonson · Journal of Consumer Research · 1992 · 797 citations

, , +15

Consumer Misperceptions, Product Failure and Producer Liability

Michael Spence · The Review of Economic Studies · 1977 · 622 citations

, , +15

Modeling the Psychology of Consumer and Firm Behavior with Behavioral Economics

Teck‐Hua Ho, Noah Lim, Colin F. Camerer · Journal of Marketing Research · 2006 · 268 citations

, , +15

The Age of Reason: Financial Decisions over the Life-Cycle with Implications for Regulation

Sumit Agarwal, John C. Driscoll, Xavier Gabaix et al. · SSRN Electronic Journal · 2009 · 264 citations · Full text

, , +13

1–5 of 86

Authors

174

  1. SA
    Sumit Agarwal

    National University of Singapore, Singapore

    7 publications · 1.5K citations

    7

    h-index

  2. OB
    Oren Bar‐Gill

    New York University, United States

    4 publications · 113 citations

    5

    h-index

  3. EJ
    Eric J. Johnson

    Columbia University, United States

    4 publications · 310 citations

    4

    h-index

  4. DL
    David Laibson

    Harvard University, United States

    3 publications · 1.2K citations

    3

    h-index

  5. SC
    Souphala Chomsisengphet

    Office of the Comptroller of the Currency, United States

    3 publications · 204 citations

    3

    h-index

1–5 of 174

Institutions

113

  1. National Bureau of Economic Research

    Cambridge, United States

    5 h-index

    8 publications

    1.3K citations

  2. Yale University

    New Haven, United States

    5 h-index

    5 publications

    271 citations

  3. National University of Singapore

    Singapore, Singapore

    4 h-index

    4 publications

    517 citations

  4. Harvard University

    Cambridge, United States

    4 h-index

    5 publications

    828 citations

  5. Federal Reserve Board of Governors

    Washington D.C., United States

    3 h-index

    7 publications

    3.6K citations

  6. University of California, Berkeley

    Berkeley, United States

    3 h-index

    3 publications

    1.1K citations

  7. Columbia University

    New York, United States

    3 h-index

    3 publications

    294 citations

  8. New York University

    New York, United States

    3 h-index

    3 publications

    99 citations

1–8 of 113

Venues

  1. SSRN Electronic Journal

    Repository · 9 publications · 687 citations

    10

    h-index

  2. Journal of Consumer Research

    JCR · 6 publications · 1.1K citations

    6

    h-index

  3. ACR North American Advances

    4 publications · 202 citations

    4

    h-index

  4. Journal of Public Policy & Marketing

    JPP&M · 3 publications · 289 citations

    3

    h-index

  5. Journal of Marketing

    JM · 2 publications · 243 citations

    2

    h-index

1–5