IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Social Interaction Effects

Social Interaction Effects
View Sample PDF
Author(s): Erik den Hartigh (Delft University of Technology, The Netherlands)
Copyright: 2008
Pages: 5
Source title: Encyclopedia of Networked and Virtual Organizations
Source Author(s)/Editor(s): Goran D. Putnik (University of Minho, Portugal)and Maria Manuela Cruz-Cunha (Polytechnic Institute of Cavado and Ave, Portugal)
DOI: 10.4018/978-1-59904-885-7.ch191

Purchase

View Social Interaction Effects on the publisher's website for pricing and purchasing information.

Abstract

Direct social interactions between economic agents (people) are important in determining their choices. When choosing a new car, you will likely ask some of your friends or acquaintances what their opinion is on different types and brands of cars. When choosing a new photo camera, you are likely to visit an Internet forum to see what other peoples’ opinions are on the different brands and types of cameras. These are examples of social interaction. Social interaction effects are therefore important in determining buying behavior. The rise of the Internet has considerably facilitated such social interactions, making social interaction effects even more important.

Related Content

Kumar Shalender, Babita Singla. © 2024. 11 pages.
R. Akash, V. Suganya. © 2024. 32 pages.
Prathmesh Singh, Arnav Upadhyaya, Nripendra Singh. © 2024. 14 pages.
Arpan Anand, Priya Jindal. © 2024. 13 pages.
Surjit Singha, K. P. Jaheer Mukthar. © 2024. 26 pages.
M. Vaishali, V. Kiruthiga. © 2024. 14 pages.
Ranjit Singha, Surjit Singha. © 2024. 21 pages.
Body Bottom