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Technology for modeling the mechanism of reflective control of herd behavior of consumers in the sales markets

Journal: Management of the economy: theory and practice (Vol.11, No. 11)

Publication Date:

Authors : ;

Page : 237-248

Keywords : herd behavior; consumer; reflexive control; product sales market; decision making;

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Abstract

The problem of controlling the herd behavior of consumers in the product sales markets has been identified. A general outline of the mechanism for reflective management of the decision-making process on the purchase of goods and the manifestation of herd behavior by consumers in the sales markets was presented. The stages of the technology for constructing a model of the mechanism of reflective control of herd behavior of consumers in the sales market have been described and formalized. The possibility of using the model as a tool for forecasting and increasing demand for a particular product or group of products has been determined. Promising areas of research have been identified.

Last modified: 2020-06-25 21:30:59