Explaining the use of attribute cut-off values in decision making by means of involvement

B-Tier
Journal: Journal of Behavioral and Experimental Economics
Year: 2016
Volume: 65
Issue: C
Pages: 58-66

Authors (4)

Peschel, Anne O. (not in RePEc) Grebitus, Carola (Arizona State University) Colson, Gregory (not in RePEc) Hu, Wuyang (Ohio State University)

Score contribution per author:

0.503 = (α=2.01 / 4 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In order to lower the cognitive burden of decision making, consumers may apply attribute cut-off values to simplify decision strategies. Products with attributes that do not pass the cut-off values are either not being considered by the individual or are greatly discounted. This study provides new evidence on consumers’ heterogeneous use of attribute cut-offs with a unique focus on the relationship with consumer involvement, a key component in consumer choice theory. Behavioral data from an online choice experiment on beef steak employing shelf simulations are combined with questions defining respondents’ attribute cut-off values and their validated Personal Involvement Inventory (PII). Evidence from the analysis indicates that consumers who are highly involved are more likely to exhibit attribute cut-off values and are less likely to violate their cut-off values. Further investigation using a latent class model identifies several key consumer segments (e.g., a price sensitive group) based on their choice behavior and reveals that the relationship between involvement, cut-off use and cut-off violations is not uniform across consumer segments.

Technical Details

RePEc Handle
repec:eee:soceco:v:65:y:2016:i:c:p:58-66
Journal Field
Experimental
Author Count
4
Added to Database
2026-01-25