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Neural correlates of the affect heuristic during brand choice

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Author Info
Hilke Plassmann (Stanford NeuroEconomics Lab, Stanford University)
Peter Kenning (Department of General Management,)
Michael Deppe (Department of Neurology, University of Muenster)
Harald Kugel (Department of Radiology, University of Muenster)
Wolfram Schwindt (Department of Radiology, University of Muenster)

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Abstract

In this working paper it is investigated how affect and cognition interact in consumer decision making. The research framework is multidisciplinary by applying a neuroscientific method to answer the question which information is processed during brand choice immediately when the decision is computed in the test person’s brain. In a neuroscientific experiment test persons perform binary decision-making tasks between different brands of the same product class. The results suggest that the presence of the respondent’s first choice brand leads to a specific modulation of the neural brain activity, which can be described as neural correlate of Slovic’s affect heuristic concept.

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File URL: http://129.3.20.41/eps/exp/papers/0509/0509004.pdf
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Publisher Info
Paper provided by EconWPA in its series Experimental with number 0509004.

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Length: 36 pages
Date of creation: 29 Sep 2005
Date of revision:
Handle: RePEc:wpa:wuwpex:0509004

Note: Type of Document - pdf; pages: 36
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Web page: http://129.3.20.41

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Related research
Keywords: Neuroeconomics brand choice cognition affect

Find related papers by JEL classification:
C9 - Mathematical and Quantitative Methods - - Design of Experiments

This paper has been announced in the following NEP Reports:

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