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Cited by 235

The DOI matches its Crossref record; 3 of the 3 references it cites were found in a registry or an index.

The Economics of Consumer Knowledge: Table 1

Ratchford, Brian T.·2001·Journal of Consumer Research

Abstract

While approaches to measuring the state of a consumer's knowledge are well developed, much less is known about the relationship between knowledge and consumer choice and information search. The purpose of this article is to explore these relationships by treating consumer knowledge as human capital, which affects the full price of consumption and search activities. Using this framework, models are presented to explain life cycle consumption patterns, lifestyles, brand loyalty, choice of features, and search behavior. This economic perspective is compared and contrasted to other consumer research on these topics, including recent qualitative research that examines consumption behavior.

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Metadata

Authors
Ratchford, B. T.
Venue
Journal of Consumer Research
Published
2001-03
Volume
27
Issue
4
Pages
397-411
ISSN
  • 0093-5301 (ISSN-L)
  • 1537-5277
OpenAlex
W2049951003
Cited by
235
References
3
FWCI
27.80
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: The Economics of Consumer Knowledge: Table 1. https://app.cochat.ai/papers/10.1086/319617
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Ratchford, B. T. (2001). The Economics of Consumer Knowledge: Table 1. Journal of Consumer Research. https://doi.org/10.1086/319617

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.