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Reaching for the (Product) Stars: Measuring Recognition and Approach Speed to Get Insights Into Consumer Choice
Authors:Oliver Genschow  Arnd Florack  Vikram S Chib  Shinsuke Shimojo  Martin Scarabis  Michaela Wänke
Institution:1. University of Mannheim ogenscho@mail.uni-mannheim.de;3. University of Vienna;4. California Institute of Technology;5. decode Marketingberatung GmbH;6. University of Mannheim
Abstract:In three studies, an easy-to-apply response time task that differentiates between recognition and approach speed was applied. The results indicate that individuals recognized and approached positive stimuli faster than negative stimuli (Pilot Study). But, when the choice options differed less in valence, approach movement time was a better predictor of consumer choice and willingness to pay than recognition time (Study 1) and a better predictor of consumer choice than self-reports when the choice was made with an affective compared to a cognitive focus (Study 2). Moreover, approach movement time, but not recognition time correlated with other implicit measures.
Keywords:
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