Volume 43, Issue 14 pp. 8089-8104
SPECIAL ISSUE PAPER

Explaining shopping behavior in a market economy country: A short-term mathematical model applied to the case of Spain

Paloma Merello

Corresponding Author

Paloma Merello

Department of Accounting, University of Valencia, Valencia, Spain

Correspondence

Paloma Merello, Department of Accounting, University of Valencia, Valencia, Spain.

Email: [email protected]

Search for more papers by this author
Elena de la Poza

Elena de la Poza

Center for Economic Engineering, Universitat Politècnica de València, Valencia, Spain

Search for more papers by this author
Lucas Jódar

Lucas Jódar

Institute for Multidisciplinary Mathematics, Universitat Politècnica de València, Valencia, Spain

Search for more papers by this author
First published: 06 January 2020
Citations: 6

Abstract

In recent decades, pathological consumption has become a growing behavioral misbehavior. Impulsive consumption is governed by two internal behavioral mechanisms that respond fundamentally to the hedonism or Pascal effect and to the emulation or Veblen effect. Today's development of technology acts as a catalyst of consumption by increasing access and availability to products, as well as the advertisement impact. This paper presents a compartmental discrete matrix mathematical model that allows short-term estimates of ordinary, impulsive, and pathological buyers in Spain in three different economic scenarios. The results show that impulsive and pathological buyers will increase in all the economic scenarios. Notable differences in the number of ordinary buyers are found for the group aged over 65 years.

CONFLICT OF INTERESTS

This work does not have any conflict of interests.

The full text of this article hosted at iucr.org is unavailable due to technical difficulties.