Integration of Artificial Intelligence and Behavioral Economics: Optimizing Consumer Processes and Decisions in Complex Environments

This study presents a comprehensive approach that combines artificial intelligence (AI) and behavioral economics to optimize industrial processes and better understand consumer decisions in complex and uncertain environments, such as inflationary contexts. Through a quantitative methodology in two phases, data from 1,200 consumers were analyzed and neural network models were implemented in 50 manufacturing companies in Latin America. In the first phase, cognitive biases such as loss aversion, anchoring effect and availability were evaluated, identifying their significant influence on irrational decisions under economic pressure. In the second, AI algorithms were applied—such as recurrent neural networks and recommendation systems—to improve energy efficiency, reduce cycle times, and optimize inventories. The results show statistically significant increases in production efficiency (t(49) = 9.62, p < 0.001) and an 11.6% improvement in predictive accuracy when integrating behavioral variables into AI models. The conclusions underscore the strategic value of hybrid models for industrial management, prediction of consumption behavior and the design of public policies in high volatility scenarios.

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Publication Details

Journal
Journal of Information Systems Engineering & Management
Published
2025-04-24
DOI
https://doi.org/10.52783/jisem.v10i39s.7257
Primary Topic
Impact of AI and Big Data on Business and Society
Type
article
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0.00
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article

Integration of Artificial Intelligence and Behavioral Economics: Optimizing Consumer Processes and Decisions in Complex Environments

Ronald Edison Carpio Chiriboga
Journal of Information Systems Engineering & Management
Impact of AI and Big Data on Business and Society
article

Integration of Artificial Intelligence and Behavioral Economics: Optimizing Consumer Processes and Decisions in Complex Environments

Ronald Edison Carpio Chiriboga
article en

Abstract

This study presents a comprehensive approach that combines artificial intelligence (AI) and behavioral economics to optimize industrial processes and better understand consumer decisions in complex and uncertain environments, such as inflationary contexts. Through a quantitative methodology in two phases, data from 1,200 consumers were analyzed and neural network models were implemented in 50 manufacturing companies in Latin America. In the first phase, cognitive biases such as loss aversion, anchoring effect and availability were evaluated, identifying their significant influence on irrational decisions under economic pressure. In the second, AI algorithms were applied—such as recurrent neural networks and recommendation systems—to improve energy efficiency, reduce cycle times, and optimize inventories. The results show statistically significant increases in production efficiency (t(49) = 9.62, p < 0.001) and an 11.6% improvement in predictive accuracy when integrating behavioral variables into AI models. The conclusions underscore the strategic value of hybrid models for industrial management, prediction of consumption behavior and the design of public policies in high volatility scenarios.

Journal of Information Systems Engineering & ManagementVol. 10(39s)
Openalex Percentile: Top 90%
Impact of AI and Big Data on Business and Society
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Integration of Artificial Intelligence and Behavioral Economics: Optimizing Consumer Processes and Decisions in Complex Environments — Ronald Edison Carpio Chiriboga · Journal of Information Systems Engineering & Management (2025) | TGRS Research Map | TGRS