Conjunctive decision rule = A type of decision rule for evaluating alternatives where consumers establish minimally acceptable levels of performance for each important product attribute and accept an alternative only if it meets the cut-off level for each attribute.Click to see full answer. Also asked, what is conjunctive rule?Definition. The conjunctive rule suggests that consumers establish a minimum acceptable level for each choice criterion and accept an alternative only if it equals or exceeds the minimum cutoff level for every criterion.[1]Subsequently, question is, what are consumer decision rules? Consumer decision rules are the procedures used by consumers to facilitate brand (or other consumption related) choices. These rules reduce the burden of making complex decisions by providing guidelines or routines that make. the process less taxing. Subsequently, question is, what is lexicographic decision rule? The lexicographic decision rule requires the consumer to rank the criteria in order of importance. The consumer then selects the brand that performs best on the most important attribute. If two or more brands tie on this attribute, they are evaluated on the second most important attribute.What is the difference between the linear compensatory rule and the conjunctive rule?The difference between is as follows: Compensatory rule: A consumer determines a brand or model on basis of the relevant attributes and scores each brand according to their requirement. Conjunctive rule: In this a consumer establishes a minimum acceptable level for each attribute.
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