Journal of Consumer Marketing · 2003 · 47 citations · 32 references
BusinessMarketingMarketing ManagementBrand ManagementConsumer BehaviorDecision MakingChoice ModelingConsumer Decision-makingConsumer TheoryManagerial Decision MakingPreference ElicitationPreference ModelingActual BehaviorChoice Criteria AnalysisConsumer Decision-making AnalysisConsumer Food Decision-makingDecision-making HeuristicsHeuristic ChoiceHeuristicsHeuristics In Decision Making
This study empirically investigates consumers’ use of five heuristics (conjunctive, disjunctive, lexicographic, linear additive, and geometric compensatory) in the consideration set formation, a critical first phase before actual choice behavior. Data were collected on the selection of beer brands and fast food outlets by real consumers. Using a decomposition approach in determining the consumers’ choice heuristics, it was found that the conjunctive heuristic is the most often used decision model in the consideration set formation for the two product classes. Implications for brand managers and future research directions are developed.
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Elimination by aspects: A theory of choice.
Amos Tversky · Psychological Review · 1972 · 3.4K citations
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Ivan Ross, James R. Bettman · Journal of Marketing · 1979 · 2.3K citations
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Amos Tversky · Psychological Review · 1969 · 2.2K citations