I would like to introduce an article about fashion and simulation.
It shows interesting aspects of fashion and the influence that fashion has on social phenomena. We do not say only about the clothes.
Link to article: http://jasss.soc.surrey.ac.uk/3/2/forum/2.html
Questions:
1. Are economists should consider factor of fashion, while create forecasts?
2. Are fashion has a big impact on the economy?
3. Do you ever interested in any aspect of fashion? What kind?
Maciek – thanks for this very strange article about the topic I am interested only to little extent I reckon this topic is rather for women or businessmen from fashion market but I will try to write something about it. Fashion itself has got a lot of aspects concerning our life. For some people fashion is a new, modern car, for others fashion is a well designed house but for most people fashion is addressing style. In my opinion good looks is rather an important issue. Everybody (of course a lot of people don't admit to it) likes pretty and good-looking people. Even if some guy or woman is not pretty modern surgery or other tricks give them nice looks. I think we should care about our looks not only about personal hygiene but about clothes too. Our days well-situated people care about their looks and spend more money for fashion. This is a very important business path and in my opinion it will improve in the next years. You don’t have to look spick and span, you don’t have to be perfect in your appearance but if you have an interesting personality you may express it using your own fashion style, it must be original, it must be unique because you are the person who differs from others so try to show your originality and try not to follow the fashion but work out your own choice of clothes and accessories and it will work!
ReplyDeleteby me, fashion is not mainly clothes. And very often a generic design. So everything that surrounds us. These extreme behavior where objects are strange fashion. but now the fashion for thin TVs curved or rounded corners of the smartphone. Of course extremes also appear. This is recognized in article
Delete1. Are economists should consider factor of fashion, while create forecasts?
ReplyDeleteTo be honest, I have no idea. I know almost nothing about fashion, even though I read the article. Moreover, my crystall ball is not working correctly, so it's hard to predict this.
2. Are fashion has a big impact on the economy?
For sure, if we take into account the most luxuries brands like LV, Burbery, Prada and so on. Currently we have almost a hundred luxury brands in the market. It's hard to miss that and economist are not blind.
3. Do you ever interested in any aspect of fashion? What kind?
No, I'm afraid. Maybe a little if you consider hand watches as part of the fashion.
Thank you for your answer, I noticed that fashion is not always aware of, we often change the taste of the influence of external factors. not necessarily because we are looking for the most fashionable things
Delete1. Are economists should consider factor of fashion, while create forecasts?
ReplyDeleteAs a men and IT specialist I am not a big fan of fashion. Howerer I do think that during forecast we have to consider factor of fashion.
2. Are fashion has a big impact on the economy?
In a recent report released by New York Congresswoman Carolyn B. Maloney and the Joint Economic Committee shows the impact that the fashion industry massive has on the U.S. economy. Fashion is big business that creates a vast array of good paying jobs. Fashion is one of the largest industries in the city, producing $887 million in economic activity. Approximately 180,000 people are employed in the fashion industry in primarily good middle class jobs.
3. Do you ever interested in any aspect of fashion? What kind?
Unfortunately or maybe fortunately not.
It is very interesting what do you write in step 2. Could you provide a link where we can read more about you in this?
Delete1. Are economists should consider factor of fashion, while create forecasts?
ReplyDeleteThe thing is, this is unpredictable. There is no way to foresee the effect of as you call it fashion. Especially because it really depends on who makes the fashionable object. For instance Apple has its devoted fans, but when Microsoft releases a slick-designed phone... Microsoft? Really?
2. Are fashion has a big impact on the economy?
From what I read it seems that it really depends on the market. If you have stable market like for instance automotive one, there is not much you can do to stand out. Honestly, what can you do differently? So the key differentiator for automotive companies are emotions - they try to evoke positive ones by designing cars to appeal to the masses. The result is usually over-design, that is most of contemporary cars looks better than function...
Please, don't use Tesla as an argument here. This is an experiment, niche car manufacturer that stands no chance against giants. What giants do is observe and wait for the times when it will really make sense to mass-produce electric cars. When these times arrive, the future is rather dim for Tesla.
3. Do you ever interested in any aspect of fashion? What kind?
No, never. I always valued function over form.
1. Are economists should consider factor of fashion, while create forecasts?
ReplyDeleteIn my opinion no
2. Are fashion has a big impact on the economy?
I don't know and I don't have any opinion about this, because I am not interest fashion.
3. Do you ever interested in any aspect of fashion? What kind?
I never interesed any aspect of fashion
1. Are economists should consider factor of fashion, while create forecasts?
ReplyDeleteFirst of all I don't have any idea about fashion, sometimes I wear two different socks. I think that every economist should take factor of fashion while creating forecasts and this is very simple and it's connected with second question, fashion has very big impact on economy. I think most of us has new smartphone even if old one is working very well. The same situation is with clothes you should have couple of pairs of trousers for different occasions and if your are going to your friends youd should have something new and trendy.
2. Are fashion has a big impact on the economy?
I answered this question above.
3. Do you ever interested in any aspect of fashion? What kind?
After first answer I think that you may assume that I am not interested and this is very good assumption. I have no interested in any aspect of fashion.
1. Are economists should consider factor of fashion, while create forecasts?
ReplyDeleteFor sure it will profit if they do, but in my opinion the prediction of fashion factor may be difficult. I am wondering if there are any algorithms or other methods that enable to predict what will be trendy in the nearest future.
2. Are fashion has a big impact on the economy?
I am sure it has an impact. Basically because people inclined to buy trendy things or services. The simple thing, as coffee. Some time ago people usually drank coffee at home or at the cafe while meeting friends. After that, commercial places (e.g. Starbucks) became be more in fashion and people started to buying coffee to-go in a paper cups. Nowadays coffee to go is still trendy, but not only from commercial places, but also from a small (usually alternative) cafes or coffee trucks. With the fashion of drinking coffee in a street also quite the big market of thermal mugs was created. So I think, even when we are looking at as simple example as coffee, we can imagine how fashion can influence the market.
3. Do you ever interested in any aspect of fashion? What kind?
I am not really interested in fashion itself, but it affects me a lot. Especially in the clothing area. Women's fashion changes every year, and usually most of the clothes present in stores follow the current fashion. That's very annoying to me, because even if something is trendy it not necessarily suits for everybody.
I've never interested in fashion in any aspect. Once in a while I hear/read something about models getting even skinnier, but that's about it.
ReplyDeleteI think that fashion might have some influence on economy, it results from people's conformity .On the other hand it can be somewhat stimulated by creative marketing. Creating economic models is hard enough without fashion factor and besides economists aren't fashion experts to reliably predict future trends so I would recommend to keep fashion out of the equation.
Unfortunately I don't know anything about fashion. Just once I had the opportunity to see Victoria's Secret Fashion Show. Friends sent me a link to it :) But it would be fun to see it live. I think that during forecast economists should consider factor of fashion.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteThis article have shown how big influence fashion have on society. Being fashionable means being important. But I can not agree with opinion that if too many people have fashion thing, that thing is not wanted any more. For example if you have old close, it is matter of time when it will be trendy again. I agree with claim that fashion have big impact on economy, people who have more money are more likely to spend it for distinction no matter the cost. This influence can be observed in every social level.
ReplyDelete1. Are economists should consider factor of fashion, while create forecasts?
ReplyDeleteOf course they should. Trends drive the economy. Even when considering "Diffusion of innovations" (https://en.wikipedia.org/wiki/Diffusion_of_innovations), fashion plays huge role especially in moving towards early adopters.
2. Are fashion has a big impact on the economy?
Fashion indeed has a big impact. Nowadays it is not only about clothing but also gadgets, cars, buildings.
3. Do you ever interested in any aspect of fashion? What kind?
I like to observe how things change because of fashion and how it is different depending on particular society and country. This is fascinating how it influences more developed markets.
1. Are economists should consider factor of fashion, while create forecasts?
ReplyDeleteDid you mean: "Should economists consider fashion as a factor while creating forecasts?" ? ? ?
2. Are fashion has a big impact on the economy?
Did you mean : "Does the fashion have a big impact on the economy?" ? ? ?
3. Do you ever interested in any aspect of fashion? What kind?
Did you mean: "Were you ever interested in any form of fashion? If so, what kind of fashion?" ? ? ?
Hey thanks for the article recommendation. Here are my thoughts:
ReplyDelete1. I guess fashion has trends and those dictate what many people will try to achieve. Furthermore it makes sense for economists to try and catch up on the trends to predict what will be in demand and how to prepare for this.
2. It surely does in its every aspect, it creates demand for products/services and therefore drives the economy.
3. I usually try not to be biased by any trends regarding i.e. clothing and try to wear what I like and feel comfortable with. Probably my aestetics criteria is heavily influenced by the culture I am brought up in however I like to thing its my own choice. ;)
Maciek thanks for article. I read similar article, which was about trends so every "fashion" can dissapear :).
ReplyDelete1. Are economists should consider factor of fashion, while create forecasts?
I think yes, they should do that, but only in short term forecasts. In my opinion it is not valuable input in long term forecasts, because fashion as a trend can evaluate. Moreover I think that an economists have a lot of different indicators and ideas.
2. Are fashion has a big impact on the economy?
Yes, it is. I think as it isn't good indicator in long term forecasts that it has very big impact on the economy. Fashion generates demand.
3. Do you ever interested in any aspect of fashion? What kind?
It is very wide question. I like neat attire and good haircut ;). But I am not blind fan of fashion.
Questions:
ReplyDelete1. Are economists should consider factor of fashion, while create forecasts?
Oh, yeah that will be amazing when that it would be. Maybe it could be implementing but I’m not specialist of that kind of topic.
2. Are fashion has a big impact on the economy?
Sure, The biggest company froma fashion have big impact on the economy becouse many people are crazy about fashion and buying everthing from popular brands.
3. Do you ever interested in any aspect of fashion? What kind?
Yes, many years ago I have been salesman
1. Are economists should consider factor of fashion, while create forecasts?
ReplyDeleteI think so, but I have now idea how they could measure it
2. Are fashion has a big impact on the economy?
For sure it has. Enough to see a number of shops from fashion area in every single shopping mall.
3. Do you ever interested in any aspect of fashion? What kind?
Not even once. That area is completely not for me - I could even say that the term "fashion" makes me fell uncomfortable
1. Are economists should consider factor of fashion, while create forecasts?
ReplyDelete2. Are fashion has a big impact on the economy?
3. Do you ever interested in any aspect of fashion? What kind?
Of course that economics should consider fashion. Take a look at Apple. This was one of the first companies that use white earphones. Everybody else were producing black, gray etc. no color.
The white color looked cool and that is why this was such success. It was strongly related with fashion. Fashion - unfrotunatly - is a very important thing in forecast. It decides what will
be bough, what will be used. I don't think I was interested in fashion on purpous, but I'm sure that on some low level of perception some of my decisions where made based on fashion.
1. Are economists should Consider factor of fashion, while create forecasts?
ReplyDeleteOf course yes. Most people like to be in a group. In the group of people who dress similarly. In the group of people who have similar gadgets, cars, etc ... There are not many real individuals who take decisions only on dry facts and true optimality solutions based on their own needs.
2. Are fashion has a big impact on the economy?
Fashion has a very large impact on the economy especially when people do not know the specific area and are inspired by others.
3. Do you ever interested in any aspect of fashion? What kind?
I do not have time for it....