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Academics have shown a growing interest in the effects of resource scarcity — a discrepancy between one's current resource levels and a higher, more desirable reference point. However, the existing literature lacks an overarching theory to explain the breadth of findings across different types...
Persistent link: https://www.econbiz.de/10012935452
Consumers often encounter reminders of resource scarcity. However, relatively little is known about the psychological processes that such reminders instantiate. In this article, we posit that reminders of resource scarcity activate a competitive orientation, which guides consumers’ decision...
Persistent link: https://www.econbiz.de/10014165587