Does "familiarity breed contempt" or is "to know you is to love you"? In this research, we explore the role of familiarity in music choice. We show that although consumers say they would prefer to listen to unfamiliar music, in actuality familiarity with music positively predicts preference for...

Previous theories have suggested that consumers will be happier if they spend their money on experiences such as travel as opposed to material possessions such as automobiles. We test this experience recommendation and show that it may be misleading in its general form. Valence of the outcome...

Previous research has shown that gamblers prefer numbers they choose themselves because this choice allows them to feel more in control of the (random) outcome. We identify other conditions under which people find numbers "special" (i.e., worthy of betting more on than other numbers). By...

The notion of conspicuous consumption (Veblen 1899) suggests that consumers spend lavishly on goods to that symbolize status and visibly communicate wealth and status to others. Analysis of multiple product categories, however, indicates an inverted-U relationship between price and the presence...

Prior research has established that an external threat to an individual's identity can be resolved via an identity-congruent product choice which bolsters his/her identity. In the context of gift giving, we examine how purchasing an identity threatening product can itself create an identity...