Biography:

One of their most recent publications is Economic psychology. Which was published in journal Journal of Economic Psychology.

More information about W.Fred van Raaij research including statistics on their citations can be found on their Copernicus Academic profile page.

W.Fred van Raaij's Articles: (4)

Economic psychology

AbstractEconomic psychology studies the economic behavior of consumers and entrepreneurs. Economic behavior involves decisions on money, time, and efforts. The models of Katona and Strümpel are discussed and a new model is proposed. This new model stresses the cyclical character of economic behavior on a micro and a macro level. Economic psychology is related to organizational psychology, marketing research, mass communication research, economic sociology, and the household production approach. A proposition of the aims and scope of the Journal of Economic Psychology concludes this introductory article.

EditorialThe first five years of the journal of economic psychology

AbstractAn analysis is performed on the formal and content characteristics of 121 articles published in the first six volumes of the Journal of Economic Psychology (1981–1985), and the acceptance rates are computed. The formal characteristics include length of articles, number of authors, nationality and discipline of authors and number of references. Content characteristics are topic, methodology and theoretical vs empirical. The topics of the articles are compared with the articles published in the Journal of Consumer Research.

Economic news, expectations and macro-economic behaviour

AbstractIn this article the effects of economic news on the formation of expectations, and on behaviour is discussed. How do people make causal attributions, form and revise expectations and how does this influence their spending and saving behaviour? Expectations are thus seen as intervening variables between stimulus and response, both at the individual and the aggregate level. Economic and psychological approaches to expectation formation are contrasted. Aggregate effects, such as self-fulfilling and self-negating effects, and the Index of Consumer Sentiment are discussed.

Postmodern consumption☆

AbstractWe live in a period of transition from the modern to the postmodern period. Postmodern elements can be traced in architecture, art, literature, music, cinema, and consumption. The postmodern period is an era without a dominant ideology but with a pluralism of styles. Social and technological changes create four dominant postmodern conditions related to fragmentation of markets and experiences, hyperreality of products and services, value realization later in the consumption cycle, and paradoxical juxtapositions of opposites. These trends will be more and more reflected in consumer behavior, advertising, product development and introduction. It is obvious that these changed conditions are relevant for economic psychology. In this article, the relevance of postmodernism for consumption and consumer behavior is sketched.

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