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This dissertation comprises of two essays that investigate factors influencing interdependent decision-making and the evaluations of such decision outcomes. In the first essay, we examine the influence of time taken by a bargaining opponent to respond to an offer on bargainers' perceptions of...
Persistent link: https://www.econbiz.de/10009450641
We take a motivated reasoning perspective to examine the robust finding that a seller's willingness to accept (WTA) to give up a good is typically higher than a buyer's willingness to pay (WTP) to obtain the good. We propose that the seller/buyer role and/or the WTA/WTP elicitation activate...
Persistent link: https://www.econbiz.de/10012822756
Much of experimental research in marketing has focused on individual choices. Yet in many contexts, the outcomes of one’s choices depend on the choices of others. Furthermore, the results obtained in individual decision making context may not be applicable to these strategic choices. In this...
Persistent link: https://www.econbiz.de/10014138908
In 3 experiments, we show that price-matching guarantees affect the process through which consumers translate price information into subjective judgments. In Experiment 1, we find that price-matching guarantees appear to change the standard used in price evaluation by raising consumers'...
Persistent link: https://www.econbiz.de/10014026108
Many retailers offer a price-matching guarantee that promises to pay consumers the difference if they find a lower price elsewhere. This article proposes that the effectiveness of a price-matching guarantee as a signal of low store prices depends on individuals' beliefs about the degree to which...
Persistent link: https://www.econbiz.de/10014026109
Although price-matching refund policies are common in many retail environments, the impact of such policies on consumers has largely been ignored. This article reports the results of three studies that examine price-matching policies from a consumer perspective. Study 1 shows that consumers...
Persistent link: https://www.econbiz.de/10014026110
Corporate sustainability can be broadly defined as the pursuit of a business growth strategy by allocating financial or in-kind resources of the corporation to a social or environmental initiative. Today, more than ever, corporate sustainability has risen to the status of strategic business...
Persistent link: https://www.econbiz.de/10013108202
How good are people at interpreting numerical information presented in graphical form? Are they better at doing so when the stakes are high? There is evidence for pessimism on both counts. This paper takes an information processing view of the manner in which people process a large amount of...
Persistent link: https://www.econbiz.de/10012721947
This chapter outlines recent developments in the consumer psychology literature examining people's health-related risk perceptions. We first define risk, and discuss the importance of studying risk perceptions in the health domain. We integrate extant models proposed in social and health...
Persistent link: https://www.econbiz.de/10012726837
Persistent link: https://www.econbiz.de/10013273060