Showing 1 - 10 of 15
Persistent link: https://www.econbiz.de/10013185299
A large body of research shows that tastes can reliably signal social group membership. Because standards of good taste vary between groups, the costs of acquiring them prevents dishonest signaling by outsiders. However, little research has examined signals of good taste within social groups,...
Persistent link: https://www.econbiz.de/10012898466
Persistent link: https://www.econbiz.de/10010526403
Persistent link: https://www.econbiz.de/10012055696
Recent consumer research suggests that lowering search costs for quality information reduces consumer price sensitivity by creating greater perceived differentiation among brands (e.g., Kaul and Wittink 1995; Lynch and Ariely 2000). We argue that lowering quality search costs by smart agents can...
Persistent link: https://www.econbiz.de/10014105868
Persistent link: https://www.econbiz.de/10010500773
Retailers often organize at least part of their assortment by displaying complementary products from different product categories together (e.g., a pair of pants with a shirt) rather than grouping items by product type (e.g., a pair of pants with other pants). However, little is known about how...
Persistent link: https://www.econbiz.de/10013028441
This article demonstrates that subjective knowledge (i.e., perceived knowledge) can affect the quality of consumers' choices by altering where consumers search. We propose that subjective knowledge increases the likelihood that consumers will locate themselves proximate to stimuli consistent...
Persistent link: https://www.econbiz.de/10014074170
In this research we examine the role of process vs. outcome-focused mental simulation in new product evaluation. We first show that consumers naturally focus on product benefits when they evaluate incrementally new products (INPs), but have a more balanced focus on both the benefits and process...
Persistent link: https://www.econbiz.de/10014042941
This article examines how dynamic changes in information cost structure and time preferences affect consumers' search and switching behavior over time and lead to lock-in. The information cost structure is conceptualized as a tradeoff of initial setup costs and ongoing usage costs. Lock-in is...
Persistent link: https://www.econbiz.de/10014030999