Culture's influence on consumers: exploratory behavior and risk taking

This theoretical paper addresses the influence of culture on risk taking and exploratory behavior. The cultural dimensions of long-term orientation, power distance, uncertainty avoidance, collectivism, and masculinity (Hofstede, 1984, 2001) are hypothesized to influence risk-taking behavior in gener...

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Detalhes bibliográficos
Autor principal: Soares, Ana Maria (author)
Outros Autores: Farhangmehr, Minoo (author), Shoham, Aviv (author)
Formato: workingPaper
Idioma:eng
Publicado em: 2003
Assuntos:
Texto completo:http://hdl.handle.net/1822/327
País:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/327
Descrição
Resumo:This theoretical paper addresses the influence of culture on risk taking and exploratory behavior. The cultural dimensions of long-term orientation, power distance, uncertainty avoidance, collectivism, and masculinity (Hofstede, 1984, 2001) are hypothesized to influence risk-taking behavior in general, and, through it, exploratory consumption behavior, risk taking, and risk attitudes and perception towards specific products. We also propose an empirical study to test the emergent model.