Relieving the regret for maximizers: The role of construal level across comparable and non-comparable choice sets

EUROPEAN JOURNAL OF MARKETING(2019)

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摘要
Purpose Prior research consistently found maximizers to experience greater regret over their choice than satisficers. Moreover, research also found maximizers to be trapped in a "maximization-regret-maximization" cycle. This paper aims to assess the role of construal level theory in alleviating regret felt by maximizers. Design/methodology/approach The authors examine the construal level theory (CLT) in conjunction with the choice context (comparable and non-comparable choices). Three experimental studies tested our assertion that a match between CLT mindset and choice set relieves regret for maximizers. Findings The authors show maximizers experience similar levels of regret compared to satisficers when considering comparable options in a concrete mindset, and non-comparable options in an abstract mindset. However, maximizers experience heightened regret in comparison to satisficers when considering non-comparable (comparable) options in a concrete (abstract) mindset. Choice difficulty mediates our effect. Originality/value This research represents the first attempt at reducing regret for maximizers and answers the call for an examination of the relationship between maximization and CLT. The research adds to the maximization literature by evidencing a CLT-based strategy that attenuates the negative experience of regret for maximizers.
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关键词
Maximizers,Satisficers,Regret,Decision difficulty,Comparable and noncomparable choice options,Construal level theory,Experimentation,Consumer choice,Regret,Maximization
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