000			02225nam a2200361 i 4500
001			CR9780511791598
003			UkCbUP
005			20240905185038.0
006			m|||||o||d||||||||
007			cr||||||||||||
008			100616s2019||||enk o ||1 0|eng|d
020			_a9780511791598 (ebook)
020			_z9781107004696 (hardback)
020			_z9780521181136 (paperback)
040			_aUkCbUP _beng _erda _cUkCbUP
050	0	0	_aHF5415.32 _b.C86 2019
082	0	0	_a658.8/342 _223
100	1		_aCurtin, Richard Thomas, _eauthor.
245	1	0	_aConsumer expectations : _bmicro foundations and macro impact / _cRichard T. Curtin.
264		1	_aCambridge : _bCambridge University Press, _c2019.
300			_a1 online resource (xix, 343 pages) : _bdigital, PDF file(s).
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
500			_aTitle from publisher's bibliographic system (viewed on 05 Mar 2019).
520			_aRichard Curtin has directed the University of Michigan's consumer sentiment surveys for more than four decades. His analyses of recent trends in consumer expectations are regularly covered in the worldwide press. In this book, Curtin presents a new theory of expectations. Whereas conventional theories presume that consumers play a passive role in the macro economy, simply reacting to current trends in incomes, prices, and interest rates, Curtin proposes a new empirically consistent theory. He argues that expectations are formed by an automatic process that utilizes conscious and nonconscious processes, passion and reason, information from public and private sources, and social networks. Consumers ultimately reach a decision that serves both the micro decision needs of individuals and reflects the common influence of the macro environment. Drawing on empirical observations, Curtin not only demonstrates the importance of consumer sentiment, but also how it can foreshadow the cyclical turning points in the economy.
650		0	_aConsumers.
650		0	_aConsumer behavior.
650		0	_aMarketing.
776	0	8	_iPrint version: _z9781107004696
856	4	0	_uhttps://doi.org/10.1017/9780511791598
942			_2ddc _cEB
999			_c10220 _d10220