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Prior literature has reported a tendency for consumers to rate peer-to-peer (P2P) services more positively than the same services provided by traditional businesses (e.g. Airbnb vs. hotel). We first show that consumers experience greater empathy toward a P2P service provider (a person) than a traditional service provider (a business). We then show that P2P services enjoy higher evaluations because empathy for the provider leads consumers to tolerate minor negative elements in those settings as compared to traditional business settings. Further, we show that this effect is moderated by the perceived size of the business. The implications of this type of rating bias on traditional businesses and consumer welfare, and the limitations of this research, are discussed. © 2025 Elsevier Inc. All rights are reserved, including those for text and data mining, AI training, and similar technologies.
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• For requested gifts during rite-of-passage occasions, appreciation for charitable vs. recipient-benefiting gifts depends on gift amount. • For low gift amounts, recipients appreciate charitable gifts more than recipient-benefiting gifts. • For moderate to high gift amounts, appreciation is similar between charitable and recipient-benefiting gifts. • In distant (vs. close) giver-recipient relationships, the effect of gift type on appreciation for low amounts is attenuated. • When gifts are not requested, recipients appreciate charitable gifts less than recipient-benefiting gifts. Requests for charitable cash gifts during rite-of-passage occasions (e.g., weddings) are becoming increasingly common. This research examines whether recipients’ appreciation differs depending on whether a requested cash gift is charitable (e.g., donating to support people in need) or recipient-benefiting (e.g., renovating the recipient’s kitchen). Across five studies, we find that the effect of the gift type on appreciation is moderated by the gift amount. For low amounts, recipients appreciate charitable gifts more than recipient-benefiting gifts. However, for moderate and high amounts, appreciation is similar across gift types. This effect is mediated by the recipients’ perception of whether the gift amount meets their expectations and their subsequent perception of thoughtfulness. Consistent with our mechanism, in distant giver-recipient relationships, the effect of the gift type on appreciation for low amounts is attenuated. When gifts are not requested, recipients appreciate charitable gifts less than recipient-benefiting gifts.
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Despite the ethical concerns over the datafication and surveillance of individuals and groups, companies are making ever greater investments in big data. The assumptions underpinning this movement are: (1) organizations are passive implementers of big data—more data is the inevitable consequence of technology and a competitive necessity for business, (2) more data offers a more objective and accurate picture of reality and (3) more data enables better prediction. We argue that this perspective is strategically unsustainable and abdicates ethical responsibility.
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Motivated by the ongoing debate on the costs and benefits of corporate social responsibility (CSR), we explore how talented managers view CSR investments. Based on nearly 20,000 observations across 17 years, our evidence reveals a nonmonotonic effect of managerial talent on CSR. Exploiting a novel measure of managerial ability, we find that talented managers view CSR investments favorably. However, only those with especially strong talent are in favor of CSR investments. For executives ranked above the 75th percentile in terms of managerial talent, an increase in managerial ability leads to more CSR investments, suggesting that these strongly talented managers perceive CSR as enhancing firm performance. In contrast, for those with weaker talent, CSR investments are negatively associated with managerial ability, implying that these weakly talented managers view CSR as a wasteful deployment of resources. Further evidence shows that our conclusion is unlikely confounded by endogeneity.
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Motivated by recent productivity-based theories of diversification, we argue that only conglomerates with an optimal degree of diversification can utilize their comparative advantages across various industries and achieve economies of scope by eliminating redundancies. Evidence from both corporate bond and equity markets suggests that optimally diversified conglomerates consist of either (1) approximately five equally weighted divisions, or (2) one large core business segment that roughly accounts for 75 % sales. Moreover, the relative size of divisions has a critical impact on how diversification affects credit spreads and excess values. Nonparity among divisions correlates with greater costs that increase with the number of divisions.
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Request PDF | Induction of Construal-Level Mindset via Experience of Surprise: An Abstract: Proceedings of the 2018 Academy of Marketing Science (AMS) Annual Conference | An experience of surprise is often an outcome of disconfirmation of expectations and can be associated with positive or negative affect depending... | Find, read and cite all the research you need on ResearchGate
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In this research, we find that incentive valence and construal-level mindsets can interact to influence behavioral persistence on challenging tasks. An abstract mindset improves persistence in response to positively framed incentives whereas a concrete mindset improves persistence in response to negatively framed incentives. This interaction effect can be observed even when the cues inducing construal-level mindsets are not related to the incentives or the incentivized tasks. Participants in our studies were either positively or negatively incentivized to solve a set of difficult anagrams, and were primed with an abstract or a concrete mindset using spatial (Study 1) and social (Study 2) cues. The participants persisted longer in response to the positively framed incentive when primed with spatially or socially remote cues. In contrast, for the negatively framed incentive, participants persisted longer when primed with spatially or socially proximal cues. Copyright © 2017 John Wiley & Sons, Ltd.
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This research examines the impact of generative artificial intelligence (AI) on the perception of educational content quality, specifically by comparing AI-generated and human-generated course syllabi in marketing education. Results from four studies indicate a general preference for AI-generated syllabi, attributed to their greater perceived objectivity. This preference is more pronounced in conventional courses but diminishes in unconventional ones, suggesting that the unique aspects of these courses may reduce the advantages of generative AI. In addition, disclosing the AI authorship of syllabi significantly affects their perceived quality negatively, underscoring the impact of transparency on the acceptance of AI-generated educational materials. These findings highlight the potential of generative AI in educational content creation and its limitations in certain contexts. They offer valuable insights for enhancing educational practices and shaping policy decisions to enrich student experiences in the era of AI integration.
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Today's practicing marketers and scholars are confronted with a wide array of conflicting and imprecise information about best practices by which to search, gather, consolidate and interpret market information. Consequently, the need has never been greater to optimize market sensing to generate managerial actions that efficiently and effectively utilize knowledge of emerging consumer needs and competitive threats. This book addresses these urgent concerns. In essence, Market Sensing Today will cover, in ground-breaking ways, the following marketing managerial areas: * marketing opportunities associated with conventional and progressive bases of segmentation. * trends in market segment size and growth affecting long-range planning. * strategic direction for reaching future goals. * managerial understanding of assumptions competitors make about themselves. * the direction of current market strategies. * adding to the knowledge of a firm's core competencies. * how new market knowledge is best integrated into a firm's market intelligence system. * best ways to ensure the quality of information underlying decisions. * how benchmarking improves with market sensing. * best approaches for translating business issues into projects. * ways that key information may be disseminated within firms. * how proposed strategic changes are promoted by market sensing. * roles customer satisfaction insights play in policy. This book will address these key issues and more, to advance theory, research and practice based on latest developments in this vital field. It will show how to re-formulate traditional models that no longer work.
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Political polarization is a marked political division in the population, characterized by multiple manifestations. The authors argue that it can affect consumer psychology, which in turn influences marketers, policy makers, and consumer welfare. The present work introduces the construct of political polarization to the marketing literature and shows how it serves as a novel challenge for various marketing stakeholders. For consumers, the authors propose that political polarization increases the salience of political identities, alters inter- and intragroup dynamics, and amplifies cognitive biases. These effects negatively affect consumer welfare, including financial welfare, relationships, mental and physical health, and societal interests. For marketers, polarization introduces a challenge to both be more sociopolitically engaged while also navigating competing political interests. Polarization also creates new opportunities and challenges for segmentation, targeting, loyalty, and product offerings. For policy makers, political polarization creates policy gaps, impedes the implementation of policy, and obstructs governance. Building from these insights, the authors consider the drawbacks and overlooked benefits of political polarization, potential remedies, and directions for future research.
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Fear of COVID-19 has been understandably widespread, given continual exposure to dire information from pandemic media coverage and interpersonal communications. The present study addresses a limitation of the extended parallel process model in predicting fear of COVID-19 by inclusion of the concept of emotional contagion. The main gap in the literature is filled by the study’s distinctive contribution that broadens and upgrades the extended parallel process model. The model is extended by its integration with the theory of emotional processing. The study is based on a national panel of adults (N = 206). The methods include path modeling by SmartPLS. In addition, multigroup analyses examine overall model differences between gender classifications. Findings and conclusions can be used to minimize excessive fear, and at the same time to promote confidence in following official public guidance and protective regulations to cope with the pandemic. © The Author(s) 2023.
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This handy guide to excellent business communications is perfect for both college students and business professionals. Whether preparing for a career, launching a career, or advancing in a career, the savvy professional understands that every organization expects employees to be exceptional business communicators. Today's Business Communication: A How-to Guide for the Modern Professional leads readers through the most frequently encountered business communication situations. Two business partners who are also business school professors share their combined 30 years of marketing and communication experience with readers in this accessible, entertaining, and informative guide. The authors enhance the readers' experience through anecdotes from business professionals from different industries.
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