Advertisement

Consumption: Different Perspectives and Academic Responsibilities

  • Dieter BögenholdEmail author
  • Farah Naz
Chapter

Abstract

The term consumption is used in different academic disciplines in different ways. Depending on their specific academic background, scholars ask how supply and demand or, in other words, production and consumption in business and society, are related to each other. Or they like to investigate how individual people or societies realize their consumption practices. These consumption practices are illuminated by differing empirical answers concerning how much money actors spend on specific goods and services. Consumption research also inquires into the preference structures of individual actors and their households which govern their consumption behaviour. How consistent are preference structures due to changing empirical backgrounds of time, space and related culture? Finally, consumption research is also concerned with the relationship between earnings and spending. Over the last seventy years, consumption research has evolved in many different directions, and current consumption research is becoming increasingly interdisciplinary.

Keywords

Consumption research Consumption behaviour Business and society 

References

  1. Baudrillard, J. (1988). The System of Objects. London: Polity Press.Google Scholar
  2. Bögenhold, D. (2001, October). Social Inequality and the Sociology of Life Style: Material and Cultural Aspects of Social Stratification. American Journal of Economics & Sociology, 60, 829–848.Google Scholar
  3. Bögenhold, D. (2007). Veblen. In R. E. Weir (Ed.), Encyclopedia of American Social Class (Vol. III, pp. 898–900). Westport, CT: Greenwood Press.Google Scholar
  4. Bourdieu, P. (1984). Distinction: A Social Critique of the Judgement of Taste. Cambridge: Harvard University Press.Google Scholar
  5. Camic, C., & Hodgson, G. (2011). The Essential Writings of Thorstein Veblen. London: Routledge.Google Scholar
  6. Deaton, A. (1992). Understanding Consumption. Oxford: Oxford University Press.CrossRefGoogle Scholar
  7. Deaton, A. (2005). Franco Modigliani and the Life Cycle Theory of Consumption. Banca Nazionale del Lavoro Quarterly Review, 58(233–234), 91–107. Retrieved from https://ideas.repec.org/a/psl/bnlqrr/200528.html.
  8. Deaton, A., & Muellbauer, J. (1980). Economics and Consumer Behavior. Cambridge, UK: Cambridge University Press.CrossRefGoogle Scholar
  9. Galbraith, J. (1958). The Affluent Society. London: Hamilton.Google Scholar
  10. Keynes, J. M. (1936). The General Theory of Employment, Interest and Money. London: Macmillan Cambridge University Press.Google Scholar
  11. Modigliani, F. (1980). The Collected Papers of Franco Modigliani, Volume 2: The Life Cycle Hypothesis of Saving by Franco Modigliani (A. R. Roger, Ed.). Boston: The MIT Press.Google Scholar
  12. Offer, A. (2007). The Challenge of Affluence: Self-Control and Well-Being in the United States and Britain Since 1950 (1st ed.). Oxford: Oxford University Press.CrossRefGoogle Scholar
  13. Pasinetti, L. L. (2005). How Much of John Maynard Keynes Can We Find in Franco Modigliani? BNL Quarterly Review, 58, 21–39. Retrieved May 15, 2018, from http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/9841.
  14. Ritzer, G. (1993). The McDonaldization of Society: An Investigation Into the Changing Character of Contemporary Social Life. Thousand Oaks: Pine Forge Press.Google Scholar
  15. Ritzer, G., & Jurgenson, N. (2010, March 9). Production, Consumption, Prosumption: The Nature of Capitalism in the Age of the Digital ‘Prosumer’. Journal of Consumer Culture, 10, 13–36. Retrieved May 15, 2018, from http://journals.sagepub.com/doi/pdf/10.1177/1469540509354673.
  16. Say, J. B. (1855). A Treatise on Political Economy; Or the Production, Distribution, and Consumption of Wealth (4th–5th ed.). Philadelphia: Lippincott, Grambo & Co. Retrieved from http://oll.libertyfund.org/titles/say-a-treatise-on-political-economy.
  17. Scitovsky, T. (1976). The Joyless Economy: An Inquiry into Human Satisfaction and Consumer Dissatisfaction (1st ed.). Oxford: Oxford University Press.Google Scholar
  18. Solow, R. M. (2005, June–September). Modigliani and Keynes. BNL Quarterly Review, LVIII, 11–19. Retrieved May 15, 2018, from http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/9840.
  19. Stehr, N. (2008). Moral Markets: How Knowledge and Affluence Change Consumers and Products. Florence: Taylor and Francis.Google Scholar
  20. Stigler, G. J., & Becker, G. S. (1977). De Gustibus Non Est Disputandum. The American Economic Review, 67(2), 76–90.Google Scholar
  21. The Royal Swedish Academy of Sciences. (2015). The Prize in Economic Scienses 2015. Consumption, Great and Small. Stockholm. Retrieved May 15, 2018, from https://kva.se/sv/startsida:/6702d.cdn.softlayer.net/assets/globalassets-priser-ekonomi-2015-pop_ek_en_15.pdf.
  22. Veblen, T. (2007 [1899]). The Theory of the Leisure Class: An Economic Study of Institutions. London and New York: Macmillan.Google Scholar
  23. Weber, M. (1988 [1904]). Die protestantische Ethik und der Geist des Kapitalismus. In M. Weber (Ed.), Gesammelte Aufsätze zur Religionssoziologie (Vol. 1, pp. 17–206). Tübingen: Mohr.Google Scholar

Copyright information

© The Author(s) 2018

Authors and Affiliations

  1. 1.Department of SociologyUniversity of KlagenfurtKlagenfurt, CarinthiaAustria
  2. 2.Department of Sociology and CriminologySargodha UniversitySargodhaPakistan

Personalised recommendations