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The Effect of Ordering Decisions by Choice-Set Size on Consumer Search

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  • Jonathan Levav
  • Nicholas Reinholtz
  • Claire Lin
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    Abstract

    Consumers frequently engage in sequential decisions. This article explores whether the order of these decisions can influence the manner in which consumers search through the possible choice options. Results from five studies suggest that ordering decisions by increasing (vs. decreasing) choice-set size leads to greater search depth (measured by both sampling count and decision time). Initial, smaller choice sets in increasing sequences appear to initiate a maximizing mind-set, which then persists even as participants encounter later, larger choice sets. These participants report a greater desire to maximize and are less satisfied with their decisions, consistent with research on chronic maximizers. In addition, they continue to exhibit maximizing behavior in subsequent, unrelated tasks, supporting a mind-set account of the differences in search. In sum, decision makers are proposed to be “sticky adapters”: initial decision strategies seem to constrain the extent to which they adapt to new contexts.

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    File URL: http://www.jstor.org/stable/pdfplus/10.1086/664498
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    File URL: http://www.jstor.org/stable/full/10.1086/664498
    Download Restriction: Access to the online full text or PDF requires a subscription.

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    Bibliographic Info

    Article provided by University of Chicago Press in its journal Journal of Consumer Research.

    Volume (Year): 39 (2012)
    Issue (Month): 3 ()
    Pages: 585 - 599

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    Handle: RePEc:ucp:jconrs:doi:10.1086/664498

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    Web page: http://www.journals.uchicago.edu/JCR/

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    Cited by:
    1. Dragos Ilie & Laura Ungureanu, 2014. "Survey on the Viewpoints of Credit Beneficiaries Qua Consumers in Order to increase Banking Accountability," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 16(35), pages 138, February.

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