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How Does Time Pressure Influence Risk Preferences? Answers from a Meta-Analysis 时间压力如何影响风险偏好?来自元分析的答案
1区 管理学 Q1 BUSINESS Pub Date : 2023-09-09 DOI: 10.1093/jcr/ucad053
Alex Belli, François A Carrillat, Natalina Zlatevska, Elizabeth Cowley
Abstract Four decades of research into the influences of time pressure on risky decisions have produced widely contrasting findings: 38.5% of the effects indicate that time pressure increases risk preferences, whereas 61.5% show the opposite. A theoretical framework with four conceptual categories of moderators is proposed to explain these heterogeneous findings: nature of the time constraint, negative outcome salience, negative outcome severity, and vulnerability to the outcomes. This framework is tested through a meta-analysis of 213 effect sizes reported in 83 papers, representing 65,574 unique respondents. The four categories of moderators effectively resolve notable conflicts. For example, regarding the nature of the time constraint, an absolute versus relative constraint increases risk preferences, but an ambiguous versus objective constraint decreases risk preferences. In terms of negative outcome salience, risk preferences decrease if the risk is learned about from a description (vs. experience) or the outcome is framed as a loss (vs. gain). Negative outcome severity also exerts an effect, as discrete choices lower risk preferences compared with attitudinal risk. In addition to managerial and public policy implications based on simulations, a comprehensive research agenda that builds on the robust insights of this meta-analysis is offered.
四十年来对时间压力对风险决策影响的研究产生了截然不同的结果:38.5%的研究结果表明,时间压力增加了风险偏好,而61.5%的研究结果相反。本文提出了一个包含四个调节因子概念类别的理论框架来解释这些异质性发现:时间约束的性质、负面结果的显著性、负面结果的严重性和对结果的脆弱性。该框架通过对83篇论文报告的213个效应量的荟萃分析进行了测试,这些论文代表了65,574个独特的受访者。四类版主有效地解决了显著性冲突。例如,关于时间约束的性质,绝对约束与相对约束会增加风险偏好,但模糊约束与客观约束会降低风险偏好。就负面结果显著性而言,如果风险是从描述(vs.经验)中了解到的,或者结果被框定为损失(vs.收益),那么风险偏好就会降低。负面结果严重程度也有影响,因为离散选择比态度风险更低的风险偏好。除了基于模拟的管理和公共政策影响外,还提供了基于此元分析的强大见解的综合研究议程。
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引用次数: 0
Crowdfunding as a Market-Fostering Gift System 众筹作为培育市场的礼物体系
1区 管理学 Q1 BUSINESS Pub Date : 2023-09-09 DOI: 10.1093/jcr/ucad052
Andre F Maciel, Michelle F Weinberger
Abstract Reward-based crowdfunding has enabled an unprecedented number of consumers to provision capital for commercial and artistic ventures. Each year, consumers use digital platforms to transfer billions of dollars to entrepreneurs and artists to help them develop a wide range of market innovations. Notably, these consumers obtain no financial benefits, no formal guarantee that their money will be used aptly, and no reimbursement options. Under such materially unfavorable conditions, why do consumers transfer their money to these producers? The present research answers this question by introducing the concept of a “market-fostering gift system”: a social contract that entices consumers to fund the creation and enhancement of market offerings by mobilizing the logic and practices of gift-giving. This conceptualization includes the core stakeholders, processes, outcomes, and shortcomings of reward-based crowdfunding, providing theoretical structure to this consequential articulation of platform capitalism. In addition, this conceptualization advances theory about how gift and market economies intersect. Whereas previous research emphasizes the tensions that characterize their interface, this article brings to the fore the complementary, scalable relationship between gift-giving and market exchange.
基于奖励的众筹使前所未有的消费者能够为商业和艺术企业提供资金。每年,消费者通过数字平台向企业家和艺术家转移数十亿美元,帮助他们开发广泛的市场创新。值得注意的是,这些消费者没有获得经济利益,没有正式保证他们的钱会被恰当地使用,也没有报销选择。在如此不利的物质条件下,消费者为什么要把钱转移给这些生产商呢?本研究通过引入“市场培育礼品系统”的概念来回答这个问题:一种社会契约,通过调动送礼的逻辑和实践,诱使消费者为创造和增强市场产品提供资金。这一概念包括核心利益相关者、过程、结果和基于奖励的众筹的缺点,为平台资本主义的后续表述提供了理论结构。此外,这一概念推进了礼品经济和市场经济如何交叉的理论。之前的研究强调了两者之间的紧张关系,而本文则强调了礼品赠送与市场交换之间的互补、可扩展关系。
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引用次数: 0
Appearance for Females, Functionality for Males? The False Lay Belief about Gender Difference in Product Preference 外貌是女性的,功能是男性的?关于产品偏好性别差异的错误信念
1区 管理学 Q1 BUSINESS Pub Date : 2023-09-07 DOI: 10.1093/jcr/ucad054
Xianchi Dai, Yu (Anna) Lin, Jianping Liang, Chen Yang
Abstract It is common that marketers design and position pretty products more to female consumers than to male consumers, suggesting that they generally believe that females have a stronger preference than males for product form over function and apply this belief to their marketing practices. However, this research demonstrates that this belief is often inconsistent with actual preferences. Across seven studies and four follow-up studies, involving both hypothetical and field settings, we demonstrate that both marketers and consumers hold such a belief about gender difference and overpredict females’ preference for form-superior (vs. function-superior) products relative to males. Specifically, people tend to choose form-superior (vs. function-superior) products for female (vs. male) others, but female consumers do not choose form-superior (vs. function-superior) products for themselves more than male consumers do. We further provide convergent evidence for the underlying mechanism and boundary conditions by showing that (1) people’s choices for others and themselves are more in line with the lay belief about gender difference when they hold a stronger belief and (2) people’s choices for distant (vs. close) others are more in line with this lay belief. We further assess the effectiveness of several debiasing interventions and show that this lay belief is quite robust.
营销人员设计和定位漂亮产品的女性消费者多于男性消费者,这是很常见的,这表明他们普遍认为女性比男性更注重产品的形式而不是功能,并将这种信念应用到他们的营销实践中。然而,这项研究表明,这种信念往往与实际偏好不一致。通过七项研究和四项后续研究,包括假设和现场设置,我们证明营销人员和消费者都持有关于性别差异的信念,并且高估了女性相对于男性对形式优越(相对于功能优越)产品的偏好。具体来说,人们倾向于为女性(相对于男性)他人选择形式优越(相对于功能优越)的产品,但女性消费者并不比男性消费者更多地为自己选择形式优越(相对于功能优越)的产品。我们进一步为潜在的机制和边界条件提供了趋同证据,表明:(1)当人们持有更强的信念时,人们对他人和自己的选择更符合关于性别差异的外行信念;(2)人们对远距离(与近距离)他人的选择更符合这种外行信念。我们进一步评估了几种消除偏见的干预措施的有效性,并表明这种信念是相当稳健的。
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引用次数: 0
Transnational Market Navigation: Living and Consuming across Borders 跨国市场导航:跨境生活与消费
IF 7.2 1区 管理学 Q1 BUSINESS Pub Date : 2023-07-21 DOI: 10.1093/jcr/ucad049
Z. Sharifonnasabi, Laetitia Mimoun, F. Bardhi
Prior research has investigated global mobility through the lenses of consumer acculturation, identity, and possessions with a focus on consumers’ socialization and identity management in the host consumer culture. It has neglected, however, the ways that globally mobile consumers simultaneously navigate the multiple, cross-border markets in which they are embedded. We adopt the social network perspective to investigate the transnational consumer lifestyles of people who live and consume simultaneously in two or more countries and sustain multiple relationships of a diverse nature (e.g., market, social, financial, professional) across borders. Through a qualitative study, we dimensionalize the transnational social space inhabited by transnational consumers and demonstrate how it shapes their consumption. We introduce the concept of transnational market navigation, defined as the process of strategically and pragmatically selecting and leveraging social networks to engage simultaneously with multiple cross-border markets. We identify three transnational market navigation strategies: clustering consumption, embracing commercial lock-ins, and developing cluster-based competency. By mobilizing a network perspective to examine consumption in global mobility, we show that globally mobile consumers are also motivated by ways of being (the actual social and commercial relationships and consumption practices with which consumers engage), in addition to the identities associated with their consumption.
先前的研究从消费者文化适应、身份和财产的角度调查了全球流动性,重点关注消费者在东道国消费文化中的社会化和身份管理。然而,它忽略了全球移动消费者同时在其所处的多个跨境市场中导航的方式。我们采用社会网络的视角来调查在两个或多个国家同时生活和消费的人的跨国消费者生活方式,并跨境维持多种性质的关系(如市场、社会、金融、专业)。通过定性研究,我们将跨国消费者所居住的跨国社会空间维度化,并展示它如何塑造他们的消费。我们引入了跨国市场导航的概念,将其定义为战略性和务实地选择和利用社交网络同时参与多个跨境市场的过程。我们确定了三种跨国市场导航策略:集群消费、拥抱商业锁定和发展基于集群的能力。通过调动网络视角来研究全球流动中的消费,我们表明,全球流动消费者除了受到与其消费相关的身份之外,还受到存在方式(消费者参与的实际社会和商业关系以及消费实践)的激励。
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引用次数: 0
Intergenerational Effects of Lay Beliefs: How Parents’ Unhealthy = Tasty Intuition Influences Their Children’s Food Consumption and Body Mass Index 世俗信仰的代际效应:父母不健康=美味的直觉如何影响孩子的食物消费和体重指数
IF 7.2 1区 管理学 Q1 BUSINESS Pub Date : 2023-07-18 DOI: 10.1093/jcr/ucad048
B. Briers, Y. Huh, E. Chan, A. Mukhopadhyay
Childhood obesity is a major problem worldwide and a key contributor to adult obesity. This research explores caregivers’ lay beliefs and food parenting practices, and their long-term, intergenerational effects on their children’s food consumption and physiology. First, a cross-cultural survey reveals the link between parents’ belief that tasty food is unhealthy (Raghunathan, Naylor, and Hoyer 2006) and the use of extrinsic rewards to encourage their children to eat healthily, with adverse downstream consequences for the children’s body mass indices. Next, two studies demonstrate the mechanism by which this strategy backfires, as providing extrinsic rewards ironically increases children’s unhealthy food consumption, which in turn leads to an increase in their body mass indices. The final two studies demonstrate potential solutions for public policy and health practitioners, either by manipulating “unhealthy = tasty” beliefs directly or by breaking the association between these food beliefs and the use of extrinsic rewards through an intervention.
儿童肥胖是世界范围内的一个主要问题,也是成人肥胖的主要原因。本研究探讨了照顾者的世俗信仰和食物育儿实践,以及它们对孩子食物消费和生理的长期代际影响。首先,一项跨文化调查揭示了父母认为美味的食物是不健康的(Raghunathan, Naylor, and Hoyer 2006)和使用外在奖励来鼓励孩子健康饮食之间的联系,这对孩子的体重指数有不利的下游后果。接下来,两项研究证明了这种策略适得其反的机制,因为提供外部奖励会讽刺地增加儿童的不健康食品消费,从而导致他们的体重指数增加。最后两项研究为公共政策和健康从业者展示了潜在的解决方案,要么直接操纵“不健康=美味”的信念,要么通过干预打破这些食物信念与使用外部奖励之间的联系。
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引用次数: 0
Liquid Consumer Security 液体消费者安全
IF 7.2 1区 管理学 Q1 BUSINESS Pub Date : 2023-07-17 DOI: 10.1093/jcr/ucad047
Aleksandrina Atanasova, Giana M. Eckhardt, Katharina C. Husemann
Systemic risks––pandemics, economic recessions, professional precarity, political volatility, and climate emergencies––increasingly erode previously taken for granted stabilities and consumers’ confidence in the future. How do consumers manage risk and uncertainty when economic and ontological security are on the decline? Traditionally, consumers have built a sense of security through solid consumption (e.g., home ownership, accumulating possessions). A four-year ethnography of digital nomadism, however, demonstrates that looming uncertainty can render solid consumption a source of vulnerability and an unwanted anchor in turbulent times that call for agility and adaptability. We outline the emergence of liquid consumer security, defined as a form of felt security that stems from avoidance of solid consumption and its risks and responsibilities. Liquid consumer security inheres in the absence of ownership, attachments, or rootedness, and is derived from circumventing the temporal demands, financial liabilities, and commitments that solid consumption requires, which emerge as sources of risk. It is achieved through a recursive process of engaging in three strategies: 1. Solid risk minimization; 2. Security reconstruction through the liquid marketplace, and 3. Ideological legitimation. Contributions to consumer risk and security, liquid consumption, social theories of risk, and digital nomadism are discussed.
系统性风险——流行病、经济衰退、职业不稳定、政治动荡和气候紧急情况——越来越侵蚀以前认为理所当然的稳定和消费者对未来的信心。当经济和本体安全性下降时,消费者如何管理风险和不确定性?传统上,消费者通过稳定的消费(例如,拥有房屋、积累财产)建立了安全感。然而,一份为期四年的数字游牧民族志表明,在需要灵活性和适应性的动荡时期,迫在眉睫的不确定性会使固体消费成为脆弱性的来源和不必要的锚。我们概述了流动消费者安全的出现,它被定义为一种感觉安全的形式,源于避免固体消费及其风险和责任。流动的消费者安全存在于没有所有权、依恋或根基的情况下,源于规避稳定消费所需的时间需求、金融负债和承诺,而这些都是风险的来源。它是通过采用三种策略的递归过程来实现的:1。稳固的风险最小化;2.通过流动市场进行安全重建。意识形态合法化。讨论了对消费者风险和安全、流动消费、风险社会理论和数字游牧的贡献。
{"title":"Liquid Consumer Security","authors":"Aleksandrina Atanasova, Giana M. Eckhardt, Katharina C. Husemann","doi":"10.1093/jcr/ucad047","DOIUrl":"https://doi.org/10.1093/jcr/ucad047","url":null,"abstract":"\u0000 Systemic risks––pandemics, economic recessions, professional precarity, political volatility, and climate emergencies––increasingly erode previously taken for granted stabilities and consumers’ confidence in the future. How do consumers manage risk and uncertainty when economic and ontological security are on the decline? Traditionally, consumers have built a sense of security through solid consumption (e.g., home ownership, accumulating possessions). A four-year ethnography of digital nomadism, however, demonstrates that looming uncertainty can render solid consumption a source of vulnerability and an unwanted anchor in turbulent times that call for agility and adaptability. We outline the emergence of liquid consumer security, defined as a form of felt security that stems from avoidance of solid consumption and its risks and responsibilities. Liquid consumer security inheres in the absence of ownership, attachments, or rootedness, and is derived from circumventing the temporal demands, financial liabilities, and commitments that solid consumption requires, which emerge as sources of risk. It is achieved through a recursive process of engaging in three strategies: 1. Solid risk minimization; 2. Security reconstruction through the liquid marketplace, and 3. Ideological legitimation. Contributions to consumer risk and security, liquid consumption, social theories of risk, and digital nomadism are discussed.","PeriodicalId":15555,"journal":{"name":"Journal of Consumer Research","volume":" ","pages":""},"PeriodicalIF":7.2,"publicationDate":"2023-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44873942","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Final Price Neglect in Multi-Product Promotions: How Non-Integrated Price Reductions Promote Higher-Priced Products 多产品促销中的最终价格忽视:非综合降价如何促进更高价格的产品
IF 7.2 1区 管理学 Q1 BUSINESS Pub Date : 2023-07-06 DOI: 10.1093/jcr/ucad045
He Jia, Yunhui Huang, Qiang Zhang, Zhengyu Shi, KEVlN H. Zhang
Price reductions take either an integrated form (e.g., a discount shown directly on the price tag) or a non-integrated form (e.g., a discount contained in a coupon sent to consumers and thus separate from the price tag). This research examines how non-integrated versus integrated promotions influence choices among vertically differentiated products. Under an integrated promotion (e.g., $10) applicable to multiple products (e.g., original list prices: $50 vs. $30), consumers directly compare these products’ post-promotion final prices displayed on their price tags (after a reduction of $10: $40 vs. $20). In contrast, under a non-integrated promotion of the same monetary value, consumers simply compare these products’ original list prices ($50 vs. $30) and neglect their post-promotion final prices, which require calculations. The list prices ($50 vs. $30; relative to the final prices: $40 vs. $20) as a basis for price comparison reduce the perceived price difference between these products. Consequently, a non-integrated promotion (compared to an integrated promotion) increases consumers’ choice of higher-priced products. A series of experiments (N = 5,188) demonstrate this effect and support the final price neglect mechanism. Furthermore, although attenuated, this effect still emerges for price reductions of a smaller magnitude or in a percent-off format.
降价要么采取综合形式(例如,直接在价格标签上显示折扣),要么采取非综合形式(例如,折扣包含在发给消费者的优惠券中,因此与价格标签分开)。本研究探讨非整合与整合促销如何影响垂直差异化产品的选择。在适用于多种产品的整合促销(例如,$10)下(例如,原始标价:50美元vs. 30美元),消费者直接比较这些产品在促销后的最终价格(降价10美元后:40美元vs. 20美元)。相比之下,在相同货币价值的非整合促销下,消费者只是比较这些产品的原始标价(50美元vs 30美元),而忽略了促销后的最终价格,这需要计算。标价(50美元vs 30美元;相对于最终价格:40美元对20美元)作为价格比较的基础,减少这些产品之间的感知价格差异。因此,非整合促销(与整合促销相比)增加了消费者对高价产品的选择。一系列实验(N = 5188)证明了这一效应,并支持最终价格忽略机制。此外,虽然减弱了,但这种影响仍然出现在较小幅度的降价或以百分比形式降价。
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引用次数: 0
Not Just about Price: How Benefit Focus Determines Consumers’ Retailer Pricing Strategy Preference 不只是价格:利益焦点如何决定消费者的零售商定价策略偏好
IF 7.2 1区 管理学 Q1 BUSINESS Pub Date : 2023-07-03 DOI: 10.1093/jcr/ucad043
Chris Hydock, Luc Wathieu
Recent research has highlighted a difference in the way consumers approach choice sets. Some consumers focus on products’ quality benefits (vertical differentiation): their selections are driven by the level of quality obtained relative to the price paid. Other consumers focus on products’ taste benefits (horizontal differentiation): their selections are driven by acquiring personal tastes at favorable prices. This article aims to investigate how consumers’ benefit focus, a continuum anchored by quality and taste, drives their preferences between retailers differing in pricing strategies. We hypothesize that all else equal, consumers who focus on taste benefits will prefer EDLP stores (infrequent discounters), while consumers who focus on quality benefits will prefer Hi-Lo stores (frequent discounters). Findings from our experiments and an analysis of consumer panel data corroborate this relationship. This work also shows the mediating role of perceived value and the effect of several moderators: the strength of the price-quality relationship, the pattern of discounts, and cherry-picking costs.
最近的研究强调了消费者处理选择集方式的不同。一些消费者关注产品的质量效益(垂直差异化):他们的选择是由相对于支付的价格所获得的质量水平所驱动的。其他消费者关注产品的口味优势(横向差异化):他们的选择是由以优惠的价格获得个人口味所驱动的。本文旨在调查消费者的利益焦点,一个由质量和品味锚定的连续体,如何驱动他们在不同定价策略的零售商之间的偏好。我们假设在其他条件相同的情况下,注重口味的消费者会更喜欢EDLP商店(不经常打折),而注重质量的消费者会更喜欢Hi-Lo商店(经常打折)。我们的实验结果和对消费者面板数据的分析证实了这种关系。这项工作还显示了感知价值的中介作用和几个调节因素的影响:价格-质量关系的强度,折扣模式和樱桃采摘成本。
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引用次数: 0
The Effect of Pursuing Self-Regulatory Goals on Variety Seeking 自我调节目标追求对多样性追求的影响
IF 7.2 1区 管理学 Q1 BUSINESS Pub Date : 2023-06-30 DOI: 10.1093/jcr/ucad044
Hoori Rafieian, Yanliu Huang, B. Kahn
Pursuing a self-regulatory goal, such as weight-loss, motivates consumers to forego pleasure-seeking, typically by selecting virtue over vice. We propose that in the absence of virtuous options, consumers with a self-regulatory goal will instead choose less variety in choice sets of exclusively vice options because the extra pleasure that variety affords seems incompatible with the goal. We find converging evidence for the decrease in variety-seeking in vice categories across five studies (and three supplementary studies in the Web Appendix, N = 6,066), using both scenario-based and actual consumption contexts. We also demonstrate the underlying process: consumers are motivated to curtail pleasure-seeking when pursuing a weight-loss goal and that leads them to choose less variety in vice categories when there is no virtue alternative available.
追求自我调节的目标,比如减肥,会促使消费者放弃寻欢作乐,通常是选择美德而非罪恶。我们提出,在缺乏良性选择的情况下,具有自我调节目标的消费者将在纯恶性选择的选择集中选择较少的多样性,因为多样性提供的额外乐趣似乎与目标不相容。我们在五项研究(以及网络附录中的三项补充研究,N = 6,066)中发现了在基于场景和实际消费背景下,vice类别中寻求品种减少的趋同证据。我们还展示了潜在的过程:当追求减肥目标时,消费者会被激励去减少享乐,这导致他们在没有美德替代品的情况下选择更少的恶习类别。
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引用次数: 0
Learning to Live with an Unruly Consuming Body 学会与不规则的消耗身体共存
IF 7.2 1区 管理学 Q1 BUSINESS Pub Date : 2023-06-26 DOI: 10.1093/jcr/ucad041
Kushagra Bhatnagar, Jack S. Tillotson, S. Toyoki, B. Laker
Past research shows that successful consumer learning takes place in environments that support cooperative communities of practice, that enable access to refined didactic resources, and that provide a safe, sympathetic backstage for a controllable and able learning body to durably transition from one repertoire to another. This study complements existing research by investigating a group of lactose-intolerant consumers who must learn to transition to a new consumption repertoire because of socially embarrassing symptoms. Consumers must engage in high-risk, unguided, experiential learning pathways in a less than sympathetic frontstage, without the support of a cooperative community or a well-developed vocabulary, and while grappling with an impaired and unruly body in a dynamic marketplace. The findings demonstrate that consumers adapt to this hostile learning environment by surfing between different consumption repertoires in a fluid, impermanent manner.
过去的研究表明,成功的消费者学习发生在支持合作实践社区的环境中,能够获得精炼的教学资源,并为一个可控的、有能力的学习主体提供一个安全、同情的后台,使其能够从一个剧目过渡到另一个剧目。这项研究补充了现有的研究,调查了一组乳糖不耐症的消费者,他们必须学会过渡到新的消费习惯,因为社交尴尬的症状。消费者必须在一个缺乏同情的舞台上,在没有合作社区的支持或发达的词汇的情况下,在一个充满活力的市场中,与一个受损和不守规矩的身体作斗争,参与高风险、无指导、体验式的学习途径。研究结果表明,消费者通过在不同的消费曲目之间以一种流动的、无常的方式冲浪来适应这种敌对的学习环境。
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引用次数: 0
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Journal of Consumer Research
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