Vol. 2003 No. 1 (2003)
Behavioural Economics Foundations for Consumer Protection in African Markets: A Focus on Zambia
Tinda Mwila, Copperbelt University, Kitwe
Chileshe Kapenda, Copperbelt University, Kitwe
Bikwe Chitu, Department of Advanced Studies, Zambia Agricultural Research Institute (ZARI)
Makumba Kasondo, Copperbelt University, Kitwe
DOI: 10.5281/zenodo.18778144
Published: December 8, 2003
Abstract
Consumer protection in African markets, particularly in Zambia, is challenged by a mix of cultural norms, economic disparities, and market dynamics that influence consumer behaviour. Not applicable By integrating behavioural economics principles into consumer protection policies, Zambia can improve outcomes for vulnerable consumers and foster a more resilient market environment. Policymakers should prioritise education campaigns on risk management and the importance of reading small print. Additionally, regulatory measures such as clearer labelling standards are recommended to align with consumer preferences.
How to Cite
Tinda Mwila, Chileshe Kapenda, Bikwe Chitu, Makumba Kasondo (2003). Behavioural Economics Foundations for Consumer Protection in African Markets: A Focus on Zambia. African Marketing Journal, Vol. 2003 No. 1 (2003). https://doi.org/10.5281/zenodo.18778144
Keywords
GeographyAfricaZambiaCultural EconomicsSocial PreferencesBehavioural FinanceEthnocentrism