International Journal of Islamic Business and Management Review
Vol. 5 No. 2 (2025)

Are Decisions About Household Consumption Always Made With Perfect Knowledge?

Herispon Herispon (Sekolah Tinggi Ilmu Ekonomi Riau, Pekanbaru)
Saiful Anuar (Sekolah Tinggi Ilmu Ekonomi Riau, Pekanbaru)
Eka Putra (Sekolah Tinggi Ilmu Ekonomi Riau, Pekanbaru)



Article Info

Publish Date
29 Nov 2025

Abstract

Description – The economic concept explains that a person is considered to have perfect information and knowledge before or when consuming a product. However, there is no limit on how much information is known about the product. Purpose – This study identifies individuals before or when making consumption decisions regarding a product. Methodology – Using non-probability sampling and purposive sampling methods, sampling technique with mixed questionnaires (online and offline). Using a sample of 422 respondents spread across several regions and cities in Riau Province, using 44 indicators as a reference for product information answered by respondents. Findings – Individual consumption decisions analyzed with the logit probability of reading, caring and knowing information about instant noodles were 0.7599 or 76 percent. Originality/Novelty – This study shows that the information held by individuals in instant noodle consumption can be identified and its size and quantity. Implications – On the other hand, consumption can occur when individuals do not have any information about a product, due to emergency conditions, individual negligence, or being deceived by producers, so individual caution and the role of the government are needed so that consumers are not harmed.

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Journal Info

Abbrev

IJBMR

Publisher

Subject

Arts Economics, Econometrics & Finance Social Sciences

Description

International Journal of Islamic Business and Management Review is a peer-reviewed economic journal serving as a forum for Islamic Business Economics Scholars concerning to area of Islamic Accounting, Banking, Economics, Entrepreneurship, Finance, Human Resources Management, and Management. This ...