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Focusing on the overlooked aspect of time in consumer behavior, the book challenges standard economic theory by emphasizing that consumption is constrained by the finite 168 hours in a week. It argues that traditional models, which primarily consider preferences, income, and prices, fail to account for how time limitations influence consumption choices. This innovative perspective invites readers to reconsider the dynamics of consumer decision-making in relation to time management.
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Consumption Takes Time, Ian Steedman
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- Released
- 2006
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- (Paperback)
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