The underlying mechanism of self-regulatory focus impact on compromise choice
- Authors
- Ryu, Gangseog; Suk, Kwanho; Yoon, Song-Oh; Park, Jongchul
- Issue Date
- 10월-2014
- Publisher
- ELSEVIER SCIENCE INC
- Keywords
- Self-regulatory focus; Compromise effect; Temporal distance; Goal; Decision weight
- Citation
- JOURNAL OF BUSINESS RESEARCH, v.67, no.10, pp.2056 - 2063
- Indexed
- SSCI
SCOPUS
- Journal Title
- JOURNAL OF BUSINESS RESEARCH
- Volume
- 67
- Number
- 10
- Start Page
- 2056
- End Page
- 2063
- URI
- https://scholar.korea.ac.kr/handle/2021.sw.korea/97333
- DOI
- 10.1016/j.jbusres.2014.04.013
- ISSN
- 0148-2963
- Abstract
- The current research examines the psychological process underlying the differential sensitivity to the compromise effect associated with a distinct self-regulatory focus. In particular, we test two competing hypotheses: one based on the different weights assigned to decision components, and the one that draws on biased perception. This issue is explored via the statistical derivation of decision weights (Study 1), manipulation of the temporal frame of choice (Study 2), and altering the risks associated with decision-making (Study 3). The results of these three studies consistently support the differential weight account: Promotion-focused participants assign greater weight to the desirability (or hedonic value) of the choice outcome, whereas prevention-focused participants place greater weight on the likelihood (or risk) of achieving that outcome. However, perceptions regarding the desirability and the risk of the given choice are similar among those with a distinct self-regulatory focus. (C) 2014 Elsevier Inc All rights reserved.
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Collections - Korea University Business School > Department of Business Administration > 1. Journal Articles
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