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Economic Decision Making of Marketplace Merchants

An Ethnographic Model

Bibliographic Data

ID2499027
AuthorsStuart Plattner (University of Missouri–St. Louis, corresponding author)
Year1984
Volume43
Issue3
Pages252-264
Publication date1984-09-01
Open AccessNo
TypeARTICLE
VenueHuman Organization (JOURNAL)
Journal identifiersISSN: 0018-7259 • E-ISSN: 1938-3517
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.17730/humo.43.3.50502002868g67v7
OpenAlexW2048672672
LanguageEN
Citations received5
References cited6

The economic decision making of merchants in an urban public produce marketplace in St. Louis, Missouri is analyzed. A computer simulation of merchants' decision process is used as an elicitation aid to help study the recurrent, habitual choices known as attentive or stage-two decisions. The emic analysis of decision models is compared with an etic analysis of the same merchants' behavior. This paper shows the strengths and weaknesses of emic decision models as compared with their etic counterparts

Business · Decision-making models · Economic model · Economics · Ethnography · Microeconomics · Sociology · Anthropology · Artificial Intelligence · Computer Science · Economic and Environmental Valuation

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Citations per year0.14
Citation span1989 - 2012 (24)
Highly citedNo

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