Behavioral Economics Analysis on the Information Overload Effecting Hungarians Studying Generation Z, Generation Y, Generation X, and Baby Boomers

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Bibliographic Details
Main Author: Martinka Gréta
Other Authors: Szlati Julianna
Tóth Dr. László
Format: Thesis
Kulcsszavak:Baby Boomers
Consumer behavior
Generation X
Generation Y
Generation Z
Generational differences
Hungary
Information literacy
information overload
online advertisement
Online Access:http://dolgozattar.uni-bge.hu/56618
Description
Abstract:In the digital era, the phenomenon of information overload has become a pervasive aspect of daily life, influencing decision-making processes across various domains, including consumer behavior. This thesis delves into the impact of information overload on Hungarian consumers across different generational cohorts, namely Baby Boomers, Generation X, Generation Y (Millennials), and Generation Z. The availability of online resources has transformed the landscape of purchase decisions, where consulting a multitude of digital sources has become the norm. This study examines the paradox of abundant information availability and the consequent challenges it poses, such as overwhelming consumers and leading to suboptimal decision-making. Through this exploration, the thesis contributes to the discourse on digital consumerism and information management. It aims to offer insights into the strategies employed by various age groups to mitigate the effects of information overload and to make informed purchasing decisions.