This paper discusses the development of a model of time and budget allocation of individuals. It is argued that such models may be useful to better understand shopping behavior as budget constraints and daily activity-travel patterns constitute the larger context within shopping decisions are being made. Basic concepts are being discussed, followed by a specification of the model.
|Title of host publication||Proceedings of the European Institute of Retailing and Services Studies Conference, Istanbul, July 2010.|
|Publication status||Published - 2010|