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Consumer Behavior

See the latest research, articles and faculty on the Consumer Behavior Area of Expertise at Columbia Business School.

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Latest on Consumer Behavior

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Consumer Behavior Faculty

CBS Faculty Research on Consumer Behavior

The Language of Branding: Theory, Strategies, and Tactics

Authors
Dawn Lerman, Robert Morais, and David Luna
Date
January 1, 2018
Format
Book
Publisher
Routledge

The Language of Branding: Theory, Strategies and Tactics shows marketers how to use language successfully to improve brand value and influence consumer behavior.

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The Seesaw Self: Possessions, Identity (De)activation, and Task Performance

Authors
Jaeyeon Chung and Gita Johar
Date
January 1, 2018
Format
Journal Article
Journal
Journal of Marketing Research

Research has shown that possessions have the power to change consumers' self-construal and activate different aspects of the self. Building on this literature, the authors suggest that the salience of product ownership not only activates the product-related self but also simultaneously deactivates product-unrelated selves, resulting in impaired performance on tasks unrelated to the activated self. In five experiments, we first elicit feelings of ownership over a product (e.g., a calculator) to activate a product-related identity (e.g., the math self).

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"There Ain't No Such Thing as a Free Lunch": Consumers' Reactions to Pseudo-Free Offers

Authors
Steven Dallas and Vicki Morwitz
Date
January 1, 2018
Format
Journal Article
Journal
Journal of Marketing Research

The authors examine how consumers respond to pseudo-free offers--offers that are presented to consumers as free but that require consumers to make a nonmonetary payment (such as completing a survey or providing personal information) in order to receive the "free" good or service. Across six studies, the authors find that consumers are generally just as likely to accept pseudo-free offers (with nonmonetary costs) as comparable truly free offers (with no costs), as long as the costs of the pseudo-free offers are below some threshold.

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Extracting Features of Entertainment Products: A Guided LDA Approach Informed by the Psychology of Media Consumption

Authors
Olivier Toubia, Garud Iyengar, Renee Bunnell, and Alain Lemaire
Date
January 1, 2018
Format
Journal Article
Journal
Journal of Marketing Research

The authors propose a quantitative approach for describing entertainment products, in a way that allows for improving the predictive performance of consumer choice models for these products. Their approach is based on the media psychology literature, which suggests that people’s consumption of entertainment products is influenced by the psychological themes featured in these products. They classify psychological themes on the basis of the “character strengths” taxonomy from the positive psychology literature (Peterson and Seligman 2004).

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Bayesian Nonparametric Customer Base Analysis with Model-Based Visualizations

Authors
Ryan Dew and Asim Ansari
Date
January 1, 2018
Format
Journal Article
Journal
Marketing Science

Marketing managers are responsible for understanding and predicting customer purchasing activity. This task is complicated by a lack of knowledge of all of the calendar time events that influence purchase timing. Yet, isolating calendar time variability from the natural ebb and flow of purchasing is important for accurately assessing the influence of calendar time shocks to the spending process, and for uncovering the customer-level purchasing patterns that robustly predict future spending.

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Using Big Data as a Window into Consumers' Psychology

Authors
Sandra Matz and Oded Netzer
Date
December 1, 2017
Format
Journal Article
Journal
Current Opinion in Behavioral Science

The rise of "Big Data" had a big impact on marketing research and practice. In this article, we first highlight sources of useful consumer information that are now available at large scale and very little or no cost. We subsequently discuss how this information — with the help of new analytical techniques — can be translated into valuable insights on consumers' psychological states and traits that can, in turn, be used to inform marketing strategy.

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Adolescents' Perceived Brand Deprivation Stress and Its Implications for Corporate and Consumer Well-Being

Authors
Carmen-Maria Albrecht, Nicola Stokburger-Sauer, David Sprott, and Donald Lehmann
Date
August 1, 2017
Format
Journal Article
Journal
Psychology and Marketing

Stress can impact various aspects of a person's well-being. While some researchers have suggested that consumption-related activities may cause stress, no research has yet explored such stress among vulnerable, younger consumers. To better understand this phenomenon, the concept of adolescents' perceived brand deprivation stress (BDS) is introduced as a state of tension perceived negatively by a young consumer when he or she does not have specific brands from a particular product category.

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Mobile Apps and Financial Decision Making

Authors
Bruce Carlin, Arna Olafsson, and Michaela Pagel
Date
July 1, 2017
Format
Journal Article
Journal
Review of Finance

We exploit the release of a mobile application for a financial aggregation platform to analyze how technology adoption changes consumer financial decision making. The app reduced the cost of accessing personal financial information, and we find that this led to a drop in non-sufficient fund (NSF) fees. Because of the manner in which these fees are incurred, this represents an unambiguous welfare improvement for users of the platform. The leading explanation for this result appears to be mistake avoidance due to easier access to information.

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Disadoption

Authors
Donald Lehmann and Jeffrey Parker
Date
June 7, 2017
Format
Journal Article
Journal
AMS Review

The adoption and diffusion of new products and behaviors has been studied extensively and comprehensively (e.g., Rogers 2003). Disadoption — how and why people volitionally stop using products and/or cease certain behaviors (e.g., customer defection, smoking cessation) — by contrast, has received less and more situation-specific attention. This paper presents a general (conceptual) framework for understanding disadoption. Disadoption is defined and delineated from other behavioral discontinuances.

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