From elegance to green: behavioral economic psychology and ESG strategies in the fashion and luxury business

Franceschini, Ginevra (A.A. 2023/2024) From elegance to green: behavioral economic psychology and ESG strategies in the fashion and luxury business. Tesi di Laurea in Behavioural economics and psychology, Luiss Guido Carli, relatore Giacomo Sillari, pp. 50. [Bachelor's Degree Thesis]

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Abstract/Index

Psychological principles in the fashion and luxury business. Prospect theory. Cognitive biases and heuristics. Expected utility theory and risk behavior: understanding consumer spending. Market behavior: impact of snob, bandwagon, and veblen effects on luxury consumption. Behavioral insights in fashion marketing. Framing effect. Mental accounting. Influence of social proof and authority on brand loyalty and consumer behavior. ESG practices in fashion and luxury. Contextualizing fashion business and luxury within the ESG framework. Strategies for promoting sustainable consumption practices through behavioral economics. Case studies. Gucci and the coexistence of luxury and environmental responsibility.

References

Bibliografia e sitografia: pp. 48-50.

Thesis Type: Bachelor's Degree Thesis
Institution: Luiss Guido Carli
Degree Program: Bachelor's Degree Programs > Bachelor's Degree Program in Politics: Philosophy and Economics (L-36)
Chair: Behavioural economics and psychology
Thesis Supervisor: Sillari, Giacomo
Academic Year: 2023/2024
Session: Summer
Deposited by: Alessandro Perfetti
Date Deposited: 11 Dec 2024 15:31
Last Modified: 11 Dec 2024 15:31
URI: https://tesi.luiss.it/id/eprint/40600

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