Mysterious Consumption: Preference for Horizontal (vs. Vertical) Uncertainty and the Role of Surprise.
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| Title: | Mysterious Consumption: Preference for Horizontal (vs. Vertical) Uncertainty and the Role of Surprise. |
|---|---|
| Authors: | Buechel, Eva C (AUTHOR) buechel@marshall.usc.edu, Li, Ruoou (AUTHOR) |
| Source: | Journal of Consumer Research. Apr2023, Vol. 49 Issue 6, p987-1013. 27p. 1 Color Photograph, 3 Illustrations, 3 Charts, 1 Graph. |
| Subject Terms: | *Consumer behavior, *Consumer behavior research, *Decision making, *Uncertainty, *Surprise, *Mystery, *Marketing, *Consumption (Economics) |
| Abstract: | Mysterious consumption items represent products that are chosen or purchased without knowing the exact nature of the product(s). In contrast to the widely accepted notion of uncertainty aversion, the present research shows that consumers prefer uncertainty over certainty in the context of mysterious consumption. Across a variety of products (stress balls, ice cream, songs, teas, snacks, hotel rooms, masks, rental cars), participants preferred mysterious consumption items over non-mysterious consumption items of equal expected value. The value of mysterious consumption lies at least in part in the uncertainty about the nature of the outcome among objectively similar outcomes. Specifically, the uncertainty around horizontally differentiated outcomes (i.e. outcomes that differ as a matter of taste) in the case of mysterious consumption focuses consumers on the positive side of uncertainty: the opportunity to be surprised. The preference for uncertainty is not observed when the possible outcomes are vertically differentiated (i.e. outcomes that differ in objective superiority, as is the case in existing demonstrations of uncertainty) or when horizontal uncertainty is reduced to a degree that diminishes the ability to be surprised. The findings reconcile literatures on surprise and uncertainty aversion and help explain mysterious consumption as a substantive phenomenon in the marketplace. [ABSTRACT FROM AUTHOR] |
| Database: | Energy & Power Source |
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| FullText | Links: – Type: pdflink Text: Availability: 1 |
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| Header | DbId: enr DbLabel: Energy & Power Source An: 162474182 AccessLevel: 6 PubType: Academic Journal PubTypeId: academicJournal PreciseRelevancyScore: 0 |
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| Items | – Name: Title Label: Title Group: Ti Data: Mysterious Consumption: Preference for Horizontal (vs. Vertical) Uncertainty and the Role of Surprise. – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Buechel%2C+Eva+C%22">Buechel, Eva C</searchLink> (AUTHOR)<i> buechel@marshall.usc.edu</i><br /><searchLink fieldCode="AR" term="%22Li%2C+Ruoou%22">Li, Ruoou</searchLink> (AUTHOR) – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Journal+of+Consumer+Research%22">Journal of Consumer Research</searchLink>. Apr2023, Vol. 49 Issue 6, p987-1013. 27p. 1 Color Photograph, 3 Illustrations, 3 Charts, 1 Graph. – Name: Subject Label: Subject Terms Group: Su Data: *<searchLink fieldCode="DE" term="%22Consumer+behavior%22">Consumer behavior</searchLink><br />*<searchLink fieldCode="DE" term="%22Consumer+behavior+research%22">Consumer behavior research</searchLink><br />*<searchLink fieldCode="DE" term="%22Decision+making%22">Decision making</searchLink><br />*<searchLink fieldCode="DE" term="%22Uncertainty%22">Uncertainty</searchLink><br />*<searchLink fieldCode="DE" term="%22Surprise%22">Surprise</searchLink><br />*<searchLink fieldCode="DE" term="%22Mystery%22">Mystery</searchLink><br />*<searchLink fieldCode="DE" term="%22Marketing%22">Marketing</searchLink><br />*<searchLink fieldCode="DE" term="%22Consumption+%28Economics%29%22">Consumption (Economics)</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: Mysterious consumption items represent products that are chosen or purchased without knowing the exact nature of the product(s). In contrast to the widely accepted notion of uncertainty aversion, the present research shows that consumers prefer uncertainty over certainty in the context of mysterious consumption. Across a variety of products (stress balls, ice cream, songs, teas, snacks, hotel rooms, masks, rental cars), participants preferred mysterious consumption items over non-mysterious consumption items of equal expected value. The value of mysterious consumption lies at least in part in the uncertainty about the nature of the outcome among objectively similar outcomes. Specifically, the uncertainty around horizontally differentiated outcomes (i.e. outcomes that differ as a matter of taste) in the case of mysterious consumption focuses consumers on the positive side of uncertainty: the opportunity to be surprised. The preference for uncertainty is not observed when the possible outcomes are vertically differentiated (i.e. outcomes that differ in objective superiority, as is the case in existing demonstrations of uncertainty) or when horizontal uncertainty is reduced to a degree that diminishes the ability to be surprised. The findings reconcile literatures on surprise and uncertainty aversion and help explain mysterious consumption as a substantive phenomenon in the marketplace. [ABSTRACT FROM AUTHOR] |
| PLink | https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=enr&AN=162474182 |
| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.1093/jcr/ucac039 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 27 StartPage: 987 Subjects: – SubjectFull: Consumer behavior Type: general – SubjectFull: Consumer behavior research Type: general – SubjectFull: Decision making Type: general – SubjectFull: Uncertainty Type: general – SubjectFull: Surprise Type: general – SubjectFull: Mystery Type: general – SubjectFull: Marketing Type: general – SubjectFull: Consumption (Economics) Type: general Titles: – TitleFull: Mysterious Consumption: Preference for Horizontal (vs. Vertical) Uncertainty and the Role of Surprise. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Buechel, Eva C – PersonEntity: Name: NameFull: Li, Ruoou IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 04 Text: Apr2023 Type: published Y: 2023 Identifiers: – Type: issn-print Value: 00935301 Numbering: – Type: volume Value: 49 – Type: issue Value: 6 Titles: – TitleFull: Journal of Consumer Research Type: main |
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