ISSN 2979-8582 · Article No. 034
Ilerioluwa Adeniran: Coronation Research, Nigeria
Deborah Adebayo: Coronation Research, Nigeria
Ochima John Ochayi: University of Maiduguri, Borno, Nigeria
The study challenges the foundational axiom of consumer theory that the agent holding purchasing power is identical to the agent forming preferences. We introduce the Proxy-Influence Consumer (PIC), an agent with zero budget authority who systematically shapes the preferences of a Budget-Constrained Principal Consumer (BCPC). Formalizing this via a Delegated Utility Function (DUF), we derive new equilibrium conditions, the Influence Elasticity of Demand (IED), and prove that Slutsky symmetry and the Weak Axiom of Revealed Preference fail under PIC influence. Applications to fast-moving consumer goods markets rationalize child-directed advertising strategies and motivate a new welfare measure, Delegated Preference Distortion.
Keywords
This article is published under the Creative Commons Attribution 4.0 International License . Free to read, share, and adapt with attribution.
British Journal of Contemporary Research
Open Access · Peer Reviewed · Published by Bexford Publishing Ltd
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