Oct 2026· Journal of Consumer Behaviour· 0 citations· 43 references
Abstract
Impulsive consumption is often interpreted as self‐control failure. This study examines whether impulsive choice can also arise as an adaptive exploration strategy under uncertainty. Methodologically, the study uses agent‐based computational simulation, formalizing sequential consumer decisions as a Markov decision process and training policies with proximal policy optimization. Five model architectures compare regret specifications and social‐cognitive inputs from the theory of planned behavior, including subjective norms and self‐efficacy. All behavioral data are synthetic; no human participants or market dataset are used. Training budgets differ by analysis: the baseline and exploration analyses use 50,000 steps, the dedicated ablation and psychological plausibility experiments use 200,000 steps, and a separate clustering check uses 10 parameter‐heterogeneous agents trained for 50,000 steps each. Behavioral outputs are examined using SHAP (SHapley Additive exPlanations) attribution, parameter sensitivity analysis, and K‐means clustering. The full model yields four interpretable behavioral profiles, while the separate agent check identifies three broader groups, providing limited structural correspondence rather than an exact replication of four consumer types. Regret‐related inputs and social‐cognitive variables alter simulated decision patterns, and the exploration analysis shows increasing context dependence during training. These results motivate a computational account in which impulse and emotional regulation interact during sequential choice. They do not establish evolutionary adaptation, human effect‐size replication, or differentiation of initially identical consumers. The contribution is a process‐level extension of TPB‐inspired modeling that generates hypotheses for longitudinal consumer research. Applications to segmentation and intervention require empirical validation and context‐specific calibration.
While adaptive decision-making requires balancing exploration and exploitation, dominant accounts often treat this trade-off as independent of social context. Drawing on theories of self-function and motivated cognition, we tested whether deciding for oneself versus others alters exploration-exploitation dynamics. Acro...
Esther S. Selvaraj, Marius Golubickis, Siobhan Caughey et al.· Psychological Research· 0 citations
Traditional cognitive assessments primarily evaluate static reasoning ability and often fail to capture adaptive self-regulation under changing performance conditions. This study introduces the EFEKT method, a dynamic computer-based assessment framework, and investigates whether behavioral trajectories can identify rec...
Kristýna Rusnáková, Millek Jiří, Rumánková Kristýna et al.· Proceedings of the Human Fac...· 0 citations
This study investigates psychological triggers and behavioral biases shaping investment decisions among Nepalese investors. Employing a descriptive cum causal-comparative design, data from 305 respondents were analyzed using ordinary least squares regression to assess the influence of cognitive and behavioral factors o...
Mohan Prasad Sapkota, Saroj Khadka· Journal of Business and Soci...· 0 citations
The behavioral approach in the sense of studying decision-making in the light of observed choice behavior has a long tradition in psychology. Psychologists, for instance, proposed the idea of forming self-generated aspiration levels long before bounded rationality and satisfying behavior became topics in economics and...
W. Gueth, Joyce Kaeser, Maxie Schulze· Review of Behavioral Economi...· 0 citations
This study aims to investigate how affective experiences associated with Fear of a Better Option (FoBO) and Maximizing Tendencies (MT) are reflected in consumer decision-making in Subscription Video-on-Demand (SVOD) environments. Specifically, it investigates how choice overload and social comparison relate to maxi...
Paulo Rita, P. Oliveira, Mariana Sousa et al.· Journal of Consumer Marketin...· 0 citations
The results suggest that many psychopathology-relevant aspects may be interpreted as bounded cognitive systems operating under modern-ancestral environmental mismatch, positioning ERDM as a key computational cognitive tool that can be extended to other studies.
Andrew Hu· 0 citations
We use cookies to run the site and, with your consent, for analytics and to show ads.
See our Cookie Policy.