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Understanding the Role of Preference Revision and Concession in Group Decisions

Aribarg, Anocha - ; Arora,, Neeraj - ; Bodur, H. Onur - ;

In this article, the authors contend that member influence in a group's decision could be decomposed into two distinct elements of preference revision and concession. Using a hierarchical Bayes model of dyadic decision making, the authors show that the degree of preference revision and concession varies across product attributes, individuals, and product categories. The authors demonstrate that converging preferences affect a member's concession, which in turn affects members' satisfaction with the joint decision. More important, a member's satisfaction is higher when his or her concession is reciprocated.


Ketersediaan

Call NumberLocationAvailable
JMR3902PSB lt.dasar - Pascasarjana1
PenerbitChicago: American Marketing Association 2002
EdisiVol. 39, No. 3 (Aug., 2002), pp. 336-349
SubjekConsumer behavior
group decisions
Marketing Research Methods
Decision-Making Dynamics
Negotiation Processes
ISBN/ISSN0022-2437
KlasifikasiNONE
Deskripsi Fisik14 p.
Info Detail SpesifikJournal of Marketing
Other Version/RelatedTidak tersedia versi lain
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  • Understanding the Role of Preference Revision and Concession in Group Decisions

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