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Modeling Consumers' Choice Behavior: An Application in Banking

The study proposes and tests a model of consumer bank choice behavior in a south eastern city in the USA, based on the economics of information theory. The model expands the domain of inquiry beyond the initial level attributes to the first-order latent construct and the second-order (composite) levels. Results suggest that consumer bank choice behavior can be represented as a global construct with three viable components (search, credence and experience) and provide implications for bank managers.

Identiferoai:union.ndltd.org:ETSU/oai:dc.etsu.edu:etsu-works-19916
Date01 October 2004
CreatorsBabakus, Emin, Eroglu, Sevgin, Yavas, Ugur
PublisherDigital Commons @ East Tennessee State University
Source SetsEast Tennessee State University
Detected LanguageEnglish
Typetext
SourceETSU Faculty Works

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