Economics for marketing revisited

Ana Isabel Costa and Cesaltina Pires

CEFAGE-UE Working Papers from University of Evora, CEFAGE-UE (Portugal)

Abstract: This paper aims to provide evidence supporting the following: that recent theoretical, empirical and methodological advances in microeconomics are decisive to the progress of marketing science. That such a notion is not yet mainstream and uncontroversial, we contend, is more due to insufficient knowledge dissemination and outdated perceptions about irreconcilable differences between economists and psychologists than to lack of intrinsic value or cognitive appeal. Evidence is provided by describing these advances in a concise manner, showing how they can contribute to tackle complex marketing issues and providing examples from published matter in which this contribution already takes place.

Keywords: Marketing Science; Economic Psychology; Behavioral Economics; Experimental Economics (search for similar items in EconPapers)
JEL-codes: A11 M31 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2007
New Economics Papers: this item is included in nep-cbe, nep-exp, nep-hpe, nep-knm and nep-mkt
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Persistent link: https://EconPapers.repec.org/RePEc:cfe:wpcefa:2007_02

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