Title
Process-induced decision costs on sequential value judgments.
Abstract
Effort-as-information and resource availability have been proposed to explain why people adhere to previously chosen alternatives in repeated-choice situations. These two theories differ in terms of the resource expenditure involved in subsequent decisions. In this study we investigate the impact of the process-induced decision costs of previous decisions on subsequent decisions. Results reveal the occurrence of a lower consistency rate in the layout change condition, implying that resource availability plays a significant role in sequential decision-making situations. Further, when the layout change impedes fluent processing, initial decisions that require longer reaction times produce greater decision inconsistency. Both consumers and managers should be aware that display changes, commonly observed in the popular use of dynamic web pages in online shopping, are likely to increase processing costs, which potentially impede sound consumer judgments.
Year
DOI
Venue
2013
10.1016/j.dss.2013.03.007
Decision Support Systems
Keywords
Field
DocType
Decision cost,Value judgment,Effort-as-information,Resource availability
Computer science,Knowledge management,Business decision mapping,Value judgment,Dynamic web page
Journal
Volume
Issue
ISSN
55
3
0167-9236
Citations 
PageRank 
References 
1
0.37
1
Authors
2
Name
Order
Citations
PageRank
Mei-chun Wu1302.66
Feng-Yang Kuo239629.93