Distinguishing the spending preferences of seniors

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Publication Type Journal Article
School or College College of Social & Behavioral Science
Department Sociology
Program Institute of Public and International Affairs (IPIA)
Creator Zimmer, Zachary
Other Author Chappell, Neena L.
Title Distinguishing the spending preferences of seniors
Date 1996
Description One thousand, four hundred and six seniors were asked about their consumer spending preferences. While some could name a product spending preference, others could not. This study examines the characteristics that best distinguish those elders who are uninterested in spending on consumer products from those who choose product specific preferences. Discriminant function analyses show that age best distinguishes the non-interested group from the others, supporting a previous report by Walker and Schwenk (1991). Income and health status most reliably separate those whose most important spending priority is a recreational product from those most interested in basic needs or housing products. Those whose spending priority is a housing item tend to be home-owners who have lived in their residences for long periods of time. The results confirm that the heterogeneity among seniors documented in other areas (such as health and social characteristics) extends to their consumption preferences. The diversity in spending preferences can be understood in terms of a desire to enhance quality of life.
Type Text
Publisher Cambridge University Press
Volume 15
Issue 1
First Page 65
Last Page 83
Subject Spending preferences; Seniors
Subject LCSH Older people; Consumer behavior; Older people -- Economic conditions
Language eng
Bibliographic Citation Zimmer, Z., & Chappell, N. L. (1996). Distinguishing the spending preferences of seniors. Canadian Journal on Aging, 15(1), 65-83.
Rights Management (c) Cambridge University Press http://www.cambridge.org/ Permission granted by Cambridge University Press for non-commercial, personal use only.
Format Medium application/pdf
Format Extent 1,795,241 bytes
Identifier ir-main,10180
ARK ark:/87278/s6t15n93
Setname ir_uspace
Date Created 2012-06-13
Date Modified 2021-05-06
ID 707503
Reference URL https://collections.lib.utah.edu/ark:/87278/s6t15n93
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