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Utility Bounce-Back (UBB) Hypothesis: The Power Of Expectation

Authors: Michael Masiya;

Utility Bounce-Back (UBB) Hypothesis: The Power Of Expectation

Abstract

Would you rather be told of a raise or a reduction in your level of satisfaction? The obvious answer for a rational utility maximizing consumer is a raise. That is why the Utility Bounce Back (UBB) Hypothesis is proposes that your utility will bounce back if a reduction is made via the lowest point to the mid-level than if it is directly lowered to the mid-level. It is a seemingly simple theory while taking a subtle approach to propose a new way in which austerity measures, that have the capacity to elicit public outcry, can be taken with behavioral reaction of consumers considered. With the UBB, austerity measures, and other interventions that reduce consumer utility can be carried out leaving the consumer more satisfied than if a direct or rapid reduction were applied.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
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