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Laboratory experiments have provided useful information about how people behave in risky siluations. In particular, such experiments have allowed for the observation of many deviations from the predictions of expected utility theory. There is some dispute, however, over the effect ofthe use of...
Persistent link: https://www.econbiz.de/10014210257
Although citizen panels have become quite popular for policy making, there is very little research on how the procedures these groups employ to manage consensus affect their decision making. We measured the effect of a simple procedural mechanism, agenda order, on individual and group...
Persistent link: https://www.econbiz.de/10014210557
Individual preferences can vary significantly by the mode in which they are elicited. Thus, the seemingly benign procedural issue of elicitation mode (i.e., choice, buying price, rating, matching) could have a profound effect on group decisions, although elicitation mode has not been much...
Persistent link: https://www.econbiz.de/10014210575
This research shows that consumers who willfully ignore ethical product attributes denigrate other, more ethical consumers who seek out and use this information in making purchase decisions. Across three studies, willfully ignorant consumers negatively judge ethical others they have never met...
Persistent link: https://www.econbiz.de/10014132364
Persistent link: https://www.econbiz.de/10015332346
Persistent link: https://www.econbiz.de/10015332347
Numerous studies have demonstrated that theoretically equivalent measures of preference, such as choices and prices, can lead to systematically different preference orderings, known as preference reversals. Two major causes of preference reversals are the compatibility effect and the prominence...
Persistent link: https://www.econbiz.de/10014046839
Manufacturers are increasingly producing and promoting sustainable products (i.e., products that have a positive social and/or environmental impact). However, relatively little is known about how product sustainability impacts consumers' preferences. We propose that sustainability may not always...
Persistent link: https://www.econbiz.de/10013069631