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The Impact of Perceived Inflation on Cognitive Bias and Irrational Reasoning

datacite.subject.fosCiências Naturais::Ciências da Computação e da Informaçãopt_PT
dc.contributor.advisorOrghian, Diana
dc.contributor.authorCrisóstomo, Laura Medalho
dc.date.accessioned2024-11-14T16:35:05Z
dc.date.available2024-11-14T16:35:05Z
dc.date.issued2024-11-04
dc.descriptionDissertation presented as the partial requirement for obtaining a Master's degree in Data Driven Marketing, specialization in Marketing Research and CRMpt_PT
dc.description.abstractAs humans, we are prone to making irrational decisions, influenced by cognitive biases that affect our everyday decisions, shaping our judgments and actions in ways that are often difficult to recognize. Nevertheless, the field of behavioral economics enables us to identify these biases and to develop strategies for making more rational decisions. In periods of economic crises, conscious decision-making is even more important. Therefore, the objective of this research is to provide an answer to the following question: Does the perceived effect of Inflation influence consumers’ reasoning? To achieve this purpose, a survey was conducted on a sample of 317 respondents. Each individual was questioned on the impact of inflation on their lives, after which they were presented with multiple problems used in the literature to uncover cognitive bias. The following cognitive biases were considered: mental accounting, endowment effect and anchoring. The objective was to test whether individuals who perceived that their lives had been affected by inflation exhibited distinct responses to the problems presented, compared to those who had not.pt_PT
dc.identifier.tid203778286pt_PT
dc.identifier.urihttp://hdl.handle.net/10362/175224
dc.language.isoengpt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectCognitive Biaspt_PT
dc.subjectBehavioral Economicspt_PT
dc.subjectInflationpt_PT
dc.subjectIrrationalitypt_PT
dc.subjectConsumer Behaviorpt_PT
dc.subjectSDG 4 - Quality educationpt_PT
dc.subjectSDG 8 - Decent work and economic growthpt_PT
dc.titleThe Impact of Perceived Inflation on Cognitive Bias and Irrational Reasoningpt_PT
dc.typemaster thesis
dspace.entity.typePublication
rcaap.rightsopenAccesspt_PT
rcaap.typemasterThesispt_PT
thesis.degree.nameMestrado em Marketing Analítico, especialização em Estudos de Marketing e Gestão do Relacionamento com o Clientept_PT

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