IES Management College And Research Centre

Do Costly Options Lead to Better Outcomes? How the Protestant Work Ethic Influences the Cost–Benefit Heuristic in Goal Pursuit (Record no. 48889)

MARC details
000 -LEADER
fixed length control field nam a22 4500
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20180115174527.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 180115b xxu||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Yimin Cheng,
9 (RLIN) 29199
245 ## - TITLE STATEMENT
Title Do Costly Options Lead to Better Outcomes? How the Protestant Work Ethic Influences the Cost–Benefit Heuristic in Goal Pursuit
300 ## - PHYSICAL DESCRIPTION
Extent 636-649 p.
520 ## - SUMMARY, ETC.
Summary, etc People often assume that costlier means lead to better outcomes, even in the absence of an objective relationship in the specific context. Such cost–benefit heuristics in goal pursuit have been observed across several domains, but their antecedents have not been fully explored. In this research, the authors propose that a person’s tendency to use cost–benefit heuristics depends on the extent to which that person subscribes to the Protestant Work Ethic (PWE), an influential concept originally introduced to explain the rise of capitalism. The PWE is a core value predicated on the work-specific belief that hard work leads to success, but people who subscribe strongly to it tend to overgeneralize and align other work-unrelated cognitions for consistency. Across ten studies (N = 1,917) measuring and manipulating PWE, robust findings show that people who are high (vs. low) in PWE are more likely to use cost–benefit heuristics and are more likely to choose costlier means in pursuit of superior outcomes. Suggestions are provided for how marketers may identify consumers high versus low in PWE and tailor their offerings accordingly.
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Protestant Work Ethic
Uncontrolled term core belief, lay theories
Uncontrolled term cost–benefit heuristics
Uncontrolled term price–quality relationship
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Mukhopadhyay, Anirban
9 (RLIN) 29200
Personal name Schrift, Rom Y.
9 (RLIN) 29201
773 0# - HOST ITEM ENTRY
Host Biblionumber 29534
Host Itemnumber 66987
Main entry heading ERDEN, TULIN
Other item identifier 5557769
Title JOURNAL OF MARKETING RESEARCH
International Standard Serial Number 0022-2437
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Journal Article
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Total Checkouts Full call number Barcode Date last seen Price effective from
    Dewey Decimal Classification     Main Library Main Library 15/01/2018   Vol 74, No 4/ 5557769JA9 5557769JA9 15/01/2018 15/01/2018

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